🚀 $ETH Technical Analysis June 01, 2025: PRICE HOLDS AT $2,500 LEVEL, MIXED SIGNALS PERSIST ⚠️

📊 Market Insight
• Current Price: 2,523.97 USDT
• Moving Averages (MAs) show a mixed trend.
• Volume has decreased, reflecting reduced trading activity and a potential pause in momentum.
• MACD shows a neutral trend.
• RSI values are in neutral territory.

📊 Important Levels to Watch
🔼 Resistance Levels:
2,550.34 (24H high and recent resistance)
2,630.00 (psychological resistance near MA(99))
2,712.96 (next significant resistance)
🔽 Support Levels:
2,492.00 (24H low and next support level)
2,475.33
2,464.10 (previous significant support)

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $2,550.34
☑️ Entry Point: $2,560.00 (enter if price breaks above 2,550.34 with bullish momentum confirmation)
🎯 Price Target:
TP1: $2,630.00
TP2: $2,712.96
🛑 Stop Loss: $2,520.00 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 2,550.34, an increase in volume, RSI(6) rising above 60, and a MACD bullish crossover with DIF moving above DEA.

🐻 Bearish Trade Setup: Breakdown below $2,492.00
☑️ Entry Point: $2,490.00 (enter if price breaks below 2,492.00 with bearish momentum confirmation)
🎯 Price Target:
TP1: $2,475.33
TP2: $2,464.10
🛑 Stop Loss (SL): $2,500.00 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 2,492.00, sustained high volume, RSI(6) falling below 40, and the MACD showing a bearish trend with DIF dropping further below DEA.

📌 Suggestion to Open Positions Today:
The reduced volume indicates a lack of strong momentum in either direction. Traders should wait for a breakout above $2,550.34 for a bullish setup or a breakdown below $2,490 for a bearish move. Given the low volume and mixed signals, use tight stop losses and monitor volume trends closely to confirm any directional shift.

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