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Technical analysis by behdark about Symbol ETH on 7/22/2025

https://sahmeto.com/message/3657391
behdark
behdark
Rank: 65
3.8
،Technical،behdark

A trendline has been broken, and a resistance zone has formed on the chart. As long as Ethereum fails to hold above the red zone, the price may experience a drop. The green box can be considered the target. If the price stabilizes above the red zone and a daily candle closes above the invalidation level, this analysis will be invalidated. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank YouAfter hitting the marked red zone, a move occurred, and so far the price has dropped by more than 3%In the end, it dropped 6% and reached the demand zone, and after hitting the demand, it reacted and pumped 7% We can see that the price played well between the clearly defined demand and supply zones.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$3,739.18
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