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Technical analysis by CryptoChartDaily about Symbol ETH: Sell recommendation (5/19/2025)

https://sahmeto.com/message/3526256
CryptoChartDaily
CryptoChartDaily
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Sell،Technical،CryptoChartDaily

📉 Trend Observation – Short-Term (2H)❗ Current Market Structure:CHoCH (Change of Character) and BOS (Break of Structure) clearly show that the bullish momentum has broken down.Price recently lost support at $2,500–$2,550, flipped that zone into resistance (highlighted red area), and dipped toward $2,400 and below.You can see a bearish market structure forming with lower highs and lower lows.🟣 Indicators (Stochastic RSI & RSI):Stochastic RSI is in a bearish crossover and pointing downward, suggesting more downside pressure.RSI is trending lower, confirming bearish momentum is in control short-term.🔵 Support Zones:Price bounced slightly near $2,390–$2,400, which is a minor support.Major support lies around $2,200, and strong support can be seen at $1,750–$1,800, marked on the chart.🔴 Resistance Zones:Heavy resistance at $2,500–$2,600 (red supply zone).Until ETH reclaims this zone with strength and volume, upside is capped.🧭 Summary: Short-Term BearishTrend: Bearish (2H shows weakness; consistent lower highs/lows)Momentum: Fading, with sellers in controlVolume: Increased on recent red candles → indicates pressure💡 Should You Hold or Sell? Short-Term Traders (2H-1D):⚠️ Consider waiting or trimming positions if you're leveraged or seeking short-term profit.A better re-entry might come near $2,200 or even $1,750 if sell pressure increases.-------------------------Not for financial advise.Not for recommendations to buy sell any crypto, security , or stocks.Do your own research

Translated from: English
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Signal Type: Sell
Time Frame:
2 ساعت
Price at Publish Time:
$2,402.22
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