📍#ETH Technical Analysis (2025/06/18)
Ethereum rejected at highs and slid back below $2,500; bulls and bears now battle within the $2,420–2,780 range. Watch mid‐range support/resistance today.
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Period: 1D
Trend: Consolidating in $2,420–2,780; trading below the 20MA (~2,561), MACD negative, RSI ~48—bull momentum waning.
🔹 Long Position:
🛑 Stop Loss: 2,381 (breakdown flips short)
🟢 Scale-in: 2,467✅ (minor triple bottom), 2,420 (major triple bottom)
🚀 Breakout Entry: 2,880
🎯 Take Profit: 3,186; 3,684; 4,182
🔻 Short Position (left-side resistance):
🛑 Stop Loss: 3,135 (breakout flips long)
🟢 Scale-in: 2,834✅ (triple top)
🚨 Breakdown Entries: 2,381; 2,323
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Period: 4H
Trend: Bearish bias—price capped by the 10/20/50MA, MACD below zero, RSI ~43, -DI dominant, no clear bounce on support retest.
🔻 Short Position:
🛑 Stop Loss: 2,681 (breakout flips long)
🟢 Scale-in: 2,533✅ (major resistance), 2,567; 2,593; 2,631
🚨 Breakdown Entries: 2,453; 2,436
🎯 Take Profit: 2,313; 2,087; 1,860
🔹 Long Position (left-side support):
🛑 Stop Loss: 2,436 (breakdown flips short)
🟢 Scale-in: 2,473✅ (triple bottom)
🚀 Breakout Entry: 2,681
🎯 Take Profit: 2,820; 3,046; 3,273
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Period: 1H
Trend: Bearish confirmed; oversold, MACD declining, -DI leading with ADX>20—short bias clear.
🔻 Short Position:
🛑 Trailing Stop: 2,618 (breakout flips long)
🟢 Mid-risk Scale-in: 2,555; 2,583 (major resistance); 2,591 (minor resistance)
🚨 Breakdown Entry: 2,453
🎯 Take Profit: 2,428; 2,272; 2,116
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Strategy Summary:
⚠️ Recommendations:
1. Intraday traders can short between $2,533–2,593 on 4H–1H charts, stop at $2,681, target $2,453 and $2,436, then $2,313 on confirmed breaks.
2. Swing longs may scale in at $2,381–2,420 support, stop below $2,380, with first target $2,880 and $3,186; if price reclaims $2,681, consider switching to longs.