📍#ETH Technical Analysis (June 12, 2025)
Triple-top resistance showing effect—bulls begin retreating. Could this be the start of a bearish swing?
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【1D – Daily】
Trend: Bearish reaction is forming from the triple-top region. If price continues to close lower, a pullback is likely to follow.
🔹 Long Setup:
🛑 Stop Loss: 2381 (breakdown = short bias)
🟢 Dip Buy Zones: 2652, 2571 (best), 2538 (strong), 2488 (last)
🚀 Breakout Long: 2880
🎯 Targets: 3186, 3684, 4182
🔻 Left-Side Short Setup:
🛑 Stop Loss: 3135 (breakout = long bias)
🟢 Short Zones: 2834 ✅ (triple top), 2973, 3067 (ideal)
🚨 Breakdown Short: 2381, 2323
📌 Technicals:
- RSI neutral-high, no extreme readings
- MACD histogram contracting, bullish momentum waning
- DMI: ADX weak, +DI topping out—watch for shift
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【4H – 4-Hour】
Trend: Trailing stop triggered on longs, shorts filled, and potential for deeper retracement.
🔻 Short Setup:
🛑 Stop Loss: 2880
🟢 Entry Zones: 2797, 2827 (ideal), 2850
🚨 Breakdown Short: 2743
🎯 Targets: 2660, 2524, 2389
📌 Technicals:
- MACD bear cross expanding
- RSI falling
- DMI: -DI rising, ADX climbing—momentum favoring downside
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【1H – 1-Hour】
Trend: Bullish move failed, trailing stops hit. Shorts active with further downside in sight.
🔻 Short Setup:
🛑 Stop Loss: 2880
🟢 Entry Zones: 2797, 2827, 2850
🚨 Breakdown Short: 2743
🎯 Targets: 2660, 2524, 2389
📌 Technicals:
- RSI dropping
- MACD bear cross with growing momentum
- DMI: ADX flat but -DI climbing—bias turning bearish
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【Strategy Summary】
📉 Longs: Pullback underway across all timeframes—wait for confirmation before re-entry
📉 Shorts: Triple-top short zones filled, watch 2743 for confirmation of continuation
💡 Suggestion: Short in tranches below 2827, protect with stop at 2880
📤 Share with traders who missed this clean rejection setup!
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