Technical analysis by mmakerinvest about Symbol ETH: Buy recommendation (7/9/2025)

mmakerinvest

Absolutely! Here's your Ethereum long position analysis in English based on the chart you shared: 🧠 My Position – Long at $2,590 📍 Current Price: ~$2,605 👉 That means you're currently ~$15 in profit (small gain for now). 📊 Chart-Based Technical Analysis (1D timeframe) ✅ Key Support Levels $2,423 – Fibonacci 0.382 level $2,450–$2,475 – Close to the 50 EMA (blue line) These zones serve as strong support, holding the price up. 🚀 My Entry Strength You entered at $2,590, which is: Above EMA 20 (red) — bullish short-term signal Right in the tight moving average cluster (20/50/200) — often a sign of an upcoming breakout 📈 Risk/Reward Ratio Entry: $2,590 Stop-Loss: $2,575 → Risk: $115 TP1: $2,743 → Reward: $1530 R/R ratio for TP1: ~1 ✔️ Overall: Very good entry with balanced risk. 🔔 Recommendations: If ETH moves above $2,650, consider moving SL to break-even ($2,590) — protect your capital Near $2,743, you could: Close 50% of my position Or use a trailing stop to lock in more profit