$ETH – Next Move? (25 May 2025)
Price: $2,517.95
24h Change: -1.19%
Volume (24h): 292.86K ETH
Quick TA Snapshot:
MA Check:
ETH trading below MA(25) ($2,924), but above MA(7) ($2,549) & MA(99) ($2,069)
→ Short-term weakness but still in a broader recovery zone.Volume:
Slight decline in recent trading volume – classic setup before a bigger move.Candle Talk:
Daily candle showing a long upper wick – rejection from the $2,540–2,560 area.
Possible short-term selling pressure or just some consolidation.
Key Levels:
Support: $2,470 (recent low), then stronger support around $2,400
Resistance: $2,575–2,600 (current high zone + psych level)
Short-Term View (1–3 Days):
→ Likely price action: Sideways or Slightly Bearish
Watching for a retest of $2,470–2,450
If that breaks, next downside target: $2,400
Bullish Case?
→ Need a strong daily close above $2,575 w/ solid volume
That could open doors to a move toward $2,650–2,700
What I'm Watching:
Hold above $2,470? Cool, maybe some bounce.
Break below = eyes on $2,400
Close above $2,575 = bullish vibes back on