Technical analysis by melikatrader94 about Symbol ETH: Sell recommendation (7/22/2025)
https://sahmeto.com/message/3654024

melikatrader94
Rank: 1205
Analytical Power:
2.6

Hello guys! After a strong rally, ETH finally hit the Decision Point (DP) zone marked above. Like what I said: And we’ve already seen signs of rejection from that level. 🔹 The ascending trendline is broken 🔹 A key support got engulfed 🔹 Price is now forming a bearish structure The target zone is mapped out around $3,500 – $3,470, where previous demand sits. We might see a small pullback before continuation, but overall momentum is shifting downward. Wait for confirmations and protect your capitalThe target has been touched
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$3,696.56