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Technical analysis by FXOnTop about Symbol ETH: Sell recommendation (7/27/2025)

https://sahmeto.com/message/3665167
FXOnTop
FXOnTop
Rank: 371
3.1
Sell،Technical،FXOnTop

Hi traders ! , I opened a short position on ETH/USD as price is hitting a strong resistance zone. Entry: 3850 SL: 4084.46 TP: 3638.94 📌 Why I took this trade: Price is testing a strong resistance zone around 3860, RSI is overbought, and we could see a pullback toward the support area around 3640. Nice risk/reward setup, keeping it simple. This is just my analysis, not financial advice. What’s your view — drop or breakout?

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$3,851.52
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