🚀 $ETH Technical Analysis July 01, 2025: PRICE STANDS AT $2,484.70 WITH NEUTRAL MOMENTUM 📊

📊 Market Insight
• Current Price: 2,484.70 USDT
• Moving Averages (MAs) indicate a neutral to slightly bearish trend.
• Volume has increased to 356,479, reflecting moderate market activity and potential consolidation.
• MACD shows a bearish divergence.
• RSI values are in the neutral territory.

📊 Important Levels to Watch
🔼 Resistance Levels:
2,489.22
2,523.00
2,530.65
🔽 Support Levels:
2,447.78
2,412.00
2,406.35

💡 TRADE PLANS:
🐂 Bullish Trade Setup: Breakout above $2,489.22
☑️ Entry Point: $2,490.00 (enter if price breaks above 2,489.22 with bullish momentum confirmation)
🎯 Price Target:
TP1: $2,523.00
TP2: $2,530.65
🛑 Stop Loss: $2,485.00 (below the resistance to manage risk)
⚠️ Confirmation: Look for a strong bullish candle close above 2,489.22, an increase in volume, RSI(6) rising above 50, and MACD showing a bullish crossover with DIF rising above DEA.

🐻 Bearish Trade Setup: Breakdown below $2,447.78
☑️ Entry Point: $2,445.00 (enter if price drops below 2,447.78 with bearish momentum confirmation)
🎯 Price Target:
TP1: $2,412.00
TP2: $2,406.35
🛑 Stop Loss (SL): $2,450.00 (above the current support)
⚠️ Confirmation: Watch for a strong bearish candle close below 2,447.78, a decline in volume, RSI(6) dropping below 40, and the MACD showing a bearish trend with DIF falling further below DEA.

📌 Suggestion to Open Positions Today:
The increased volume shows some market interest, but the lack of strong directional momentum advises caution. A breakout above $2,489.22 could push the price toward $2,523.00 or higher, while a drop below $2,447.78 might signal a correction to $2,412.00. Given the balanced indicators, a wait-and-see approach is recommended until clearer confirmation signals emerge. Tight stop losses are advised if entering trades.

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