Technical indicators suggest the possibility of further downside momentum: Bollinger Bands are turning downward, MACD is declining but remains in the negative zone, while Stochastic is moving upward but has reached the overbought area, indicating a potential reversal ahead.
Support and resistance levels
Resistance levels: 4375.00, 5000.00, 5625.00.
Support levels: 3750.00, 3125.00, 2500.00.
Trading scenarios and ETH/USD forecast
Short positions can be opened below 3750.00 with targets at 3125.00 and 2500.00, and a stop-loss at 4075.00. Implementation period: 5–7 days.
Long positions can be opened above 4375.00 with targets at 5000.00 and 5625.00, and a stop-loss at 3960.00.
Scenario
| Timeframe | Weekly |
| Recommendation | SELL STOP |
| Entry point | 3749.95 |
| Take Profit | 3125.00, 2500.00 |
| Stop Loss | 4075.00 |
| Key levels | 2500.00, 3125.00, 3750.00, 4375.00, 5000.00, 5625.00 |
Alternative scenario
| Recommendation | BUY STOP |
| Entry point | 4375.05 |
| Take Profit | 5000.00, 5625.00 |
| Stop Loss | 3960.00 |
| Key levels | 2500.00, 3125.00, 3750.00, 4375.00, 5000.00, 5625.00 |