$ETH
Quick Technical Analysis (15m ā 4h TF)
š 08 August 2025 | 15m chart live update
š ETH hit a high of $3,968, currently cooling off at $3,911.66
š RSI(6): 44.77 ā momentum is slowing
š Price sitting just below MA(7), near MA(25) ā possible short-term pullback
š Volume declining ā signals buying exhaustion
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š Key Levels:
Support: $3,906 / $3,875 / $3,805
Resistance: $3,926 / $3,950 / $3,968
Trend: Bullish overall, but minor short-term correction in play
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š Trading Ideas:
š¢ Long Setup:
š„ Entry: $3,875 or $3,805 (support zones)
š Stop-Loss: $3,800
šÆ Targets: $3,940 ā $3,968 ā $4,000
ā Wait for RSI bounce and bullish candle confirmation
š“ Short Setup:
š„ Entry: $3,898ā$3,905 (if support breaks)
š Stop-Loss: $3,930
šÆ Targets: $3,875 ā $3,805
ā ļø Confirm with RSI < 40 + volume spike on breakdown
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š§ Summary:
ETH is cooling off after a strong push. Watch for a dip buy at support or a short-term short scalp if $3,900 fails. Momentum remains bullish on higher timeframes, but short-term caution is advised.
š¬ Trade safe and stay sharp!
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