ETH Market Technical Analysis – 14th July 2025

Today's Trend Overview

Market Overview
Ethereum (ETH) is currently trading around $3,031, edging higher within a range of $2,947 – $3,052. Today’s action reflects bullish sentiment with a solid intraday bounce from the low.

Price Trend and Action

ETH rebounded strongly from the $2,947 intraday low, reclaiming the $3,000 psychological level.

Short‑term trend: Bullish sentiment is gaining after the bounce.

Mid‑term trend: Upward effort continues with higher lows on daily charts.

Long‑term trend: In clear upward recovery mode after recent consolidations.

Technical Indicators

RSI currently sits around 62, indicating maintained bullish momentum without extreme levels.

MACD remains positive, reinforcing the short‑term bullish trend.

Moving Averages: ETH is trading above the 50‑day moving average (near $2,900), with the 200‑day average sitting around $2,600.

Key Support and Resistance
Support 1$3,000Psychological level and intraday pivotSupport 2$2,947Intraday low and short‑term bounce zoneSupport 3$2,90050‑day moving average supportResistance 1$3,052Today’s high and initial barrierResistance 2$3,100–$3,120Next upside zone with prior swing highsResistance 3$3,200+Major target if momentum sustains

Chart Structure and Outlook
ETH is forming a rising flag pattern on intraday charts, following a strong rebound off the low. A breakout above $3,052 could ignite a climb toward $3,100–$3,120. A failure to hold above $3,000 could trigger a pullback to $2,947 or deeper.

Trade Plan
Bullish Scenario

Entry: around $3,010–$3,030 on bounce from support.

Targets: first $3,100, then $3,200+ if momentum builds.

Stop‑Loss: below $2,980 (just under psychological level).

Bearish/Caution Scenario

Entry: break below $3,000 with confirming drop.

Targets: $2,947, then $2,900.

Stop‑Loss: above $3,020 to protect from false breakout.

Summary
Ethereum is in a bullish setup after bouncing strongly from the $2,947 zone. Key levels to watch are $3,000 support and $3,052 resistance. A breakout above resistance could spark a move to $3,100+. If ETH fails to hold above $3,000, a pullback to $2,900 may follow. Trade setups should focus on solid boundaries and disciplined risk control.

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