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🔍 ETH Market Technical Analysis – 29 July 2025
📅 Today’s Insight into Ethereum Price Action
📊 Market Snapshot
Ethereum (ETH) is trading at approximately $3,862, within a daily range of $3,746 to $3,878. Today ETH is up slightly, showing light strength amid broader crypto weakness. 🔄
📈 Price & Trend Analysis
ETH rebounded off the lower bound near $3,746 and is now pushing toward recent highs. The short‑term trend leans bullish after holding key support, while mid‑term action remains mixed as ETH struggled near the $3,880–$3,900 resistance zone.
✅ Short‑term trend: Recovering, bullish bias
📘 Mid‑term trend: Sideways consolidation
🔁 Long‑term trend: Still below potential breakout level
⚙ Technical Indicators
RSI sits mid‑range (~55–60), offering room for upside without being overstretched.
MACD is starting to freshen up on the upside—momentum slowly turning positive.
Moving Averages: ETH is holding above its 20‑day and 50‑day MAs; the 200‑day MA sits just above $3,900, acting as key overhead resistance.
📐 Chart Structure & Setup
ETH is forming a bull pennant / flag pattern after a sharp pullback—flattened consolidation in the $3,820–$3,860 range. A breakout above $3,900 could signal a move toward $4,000–$4,050. But a breakdown below $3,820 may lead to retest of $3,746 or lower.
🛠️ Trade Scenarios
🐂 Bullish Setup
Entry: $3,840–$3,860
Targets: $3,900 → $4,000 → $4,050+
Stop-Loss: Below $3,820
⚠️ Caution / Bearish Setup
Watch for break under $3,820
Potential drop toward $3,780 or deeper to $3,746
Stop above $3,860 for safety
🎯 Final Summary
Ethereum is consolidating after a recent bounce, maintaining support above $3,820. A clean break above $3,900 may unlock upside toward $4,000–$4,050. Conversely, slipping below $3,820 could expose $3,746 area or lower. Traders should stay alert to breakout triggers and maintain proper risk control. 🔐📈💡
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$3,900 resistance is the wall bulls must conquer.
Breakout traders could target $4,000–$4,050 fast.
Below $3,820, sellers may regain short‑term control. 📉
Short‑term trend is favoring upward continuation.
Volume spikes will confirm the next price move.
Stay alert for breakout confirmation above $3,900. ⚡
Holding above MAs adds to bullish conviction.
Only a break under $3,820 will weaken the setup.
Eyes on $3,900 for the next big trigger. 🎯
A breakout above $3,900 can open $4,050 target.
RSI and MACD both hint at upside potential.
This may be the calm before a bullish burst. 💎
Bullish bias grows if it breaks $3,900 soon.
Momentum is slowly turning in favor of buyers.
$4,000+ is on the table if bulls push hard. 🚀