Technical analysis by John_Isige about Symbol ETH on 8/19/2025

Price: 4062.50 | Trend: Medium-term uptrend | Timeframe: Weekly Market Context: •ETH pulled back after yearly high at 4789.00. •Current price testing 4062.50 (Murray [5/8], mid Bollinger Band). •Below this → risk of deeper correction: 3335.00 (Fib 61.8%), 2812.50 (Murray [2/8], Fib 50%). •Above 4687.50 → opens path to 5000.00 (Murray [8/8]) and 5625.00 (Murray [+2/8]). Indicators: •Bollinger Bands: upward sloping. •Stochastic: heading down, nearing oversold → possible bounce. •MACD: negative, but momentum fading. Key Levels: •Support: 4062.50 / 3335.00 / 2812.50 •Resistance: 4687.50 / 5000.00 / 5625.00 Scenarios: •BUY STOP: 4690.00 → TP 5000.00 / 5625.00 | SL 4470.00 •BUY LIMIT: 4062.50 → TP 5000.00 / 5625.00 | SL 3700.00