Technical analysis by trading_mura about Symbol ETH on 8/4/2025
https://sahmeto.com/message/3684345

trading_mura
Rank: 1615
Analytical Power:
2.5

Last week, ETHUSDT mirrored Bitcoin's moves, hitting all three of our targets. While we're seeing strong recovery now, the overbought RSI suggests a pullback may be coming soon. Key Takeaways: Recent longs opened yesterday during the trend shift → Consider managing risk Better re-entry post-correction than sitting through volatility Last week's pullback was shallow → Downward continuation remains possible Markets reward patience - don't force trades in overbought zones
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Signal Type: Neutral
Time Frame:
1 hourPrice at Publish Time:
$3,670.58