ETH Market Technical Analysis – 5 July 2025

📅 Today’s Trend Overview

📊 Market Snapshot
ETH is trading at around $2,515, slightly down for the day after reaching highs near $2,535. The intraday range spans from $2,478 to $2,535, showing moderate volatility and consolidation. 🧭

📈 Trend & Price Action

ETH rallied above $2,530 earlier today before pulling back into the mid-range near $2,515.

Short-term trend: Sideways with slight bearish tilt.

Mid-term trend: Wearing a neutral to bullish bias, still holding support zones.

Long-term trend: Recovering, yet not fully out of consolidation.

⚙ Technical Indicators

RSI is around 48, neutral, indicating neither overbought nor oversold.

MACD continues showing fading bullish momentum but remains above signal line.

Moving Averages: ETH sits between the 20-day ($2,500) and 50-day ($2,540) MAs. The 200-day MA (~$2,650) is still above.

📐 Chart Setup & Outlook
ETH is forming a flat base/pennant on intraday charts. A breakout above $2,535–$2,540 with volume could target $2,600. A dip below $2,500 may lead to a deeper test of $2,480, possibly extending to $2,450.

🛠️ Trade Ideas
🔹 Bullish Scenario

Entry: $2,510–$2,520 on bounce from pivot

Targets: $2,600 → $2,650

Stop Loss: Below $2,490

🔸 Caution / Bearish Setup

Breakdown entry: Below $2,500

Target: $2,480 → $2,450

Stop: Above $2,525

🎯 Summary
Ethereum is pausing after a recent rally, balancing between $2,500 support and $2,535 resistance. Holding above $2,500 keeps bulls in play, while a breakout above $2,540 could unlock upside to $2,600+. Failure to hold could see a pullback toward $2,480–$2,450. Watch these levels, manage risk smartly, and follow price action carefully. 🚀📉📈

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