🚀 $ETH Technical Analysis July 30, 2025: PRICE STANDS AT $3,794.63 WITH BEARISH MOMENTUM 📉
📊 Market Insight • Current Price: $3,794.63 USDT • Moving Averages (MAs) indicate a bearish shift with MA(7) at 3,786.14, MA(25) at 3,806.35, and MA(99) at 3,593.16, showing price near short-term MAs. • Volume is notable at 278K (1.82B USDT), with a slight decrease suggesting waning buying pressure. • MACD shows a bearish trend with DIF at -11.33 and DEA at 21.07, indicating potential downward momentum. • RSI values suggest a neutral zone, with RSI(6) at 48.93, indicating room for further movement.
📊 Important Levels to Watch 🔼 Resistance Levels: $3,786.14 $3,941.00 $3,965.12 🔽 Support Levels: $3,806.35 $3,593.16 $3,458.68
💡 TRADE PLANS: 🐂 Bullish Trade Setup: Reversal above $3,786.14 ☑️ Entry Point: $3,790.00 (enter if price breaks above $3,786.14 with bullish momentum confirmation) 🎯 Price Target: TP1: $3,941.00 TP2: $3,965.12 🛑 Stop Loss: $3,780.00 (below the resistance to manage risk) ⚠️ Confirmation: Look for a strong bullish candle close above $3,786.14, an increase in volume, RSI(6) rising above 50, and MACD showing a bullish crossover.
🐻 Bearish Trade Setup: Breakdown below $3,806.35 ☑️ Entry Point: $3,800.00 (enter if price drops below $3,806.35 with bearish momentum confirmation) 🎯 Price Target: TP1: $3,593.16 TP2: $3,458.68 🛑 Stop Loss: $3,810.00 (above the current support) ⚠️ Confirmation: Watch for a strong bearish candle close below $3,806.35, a decline in volume, RSI(6) dropping below 40, and the MACD confirming bearish momentum.
📌 Suggestion to Open Positions Today: The current price action reflects bearish momentum with a 0.43% decline and a bearish MACD shift. A breakdown below $3,806.35 could lead to further losses, while a recovery above $3,786.14 might signal a reversal. Monitor RSI for oversold conditions and volume for momentum shifts before entering positions.