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✅【ETH Intraday Analysis】June 19, 2025📈 The four-hour MACD has started to turn upwards, the Candlestick pattern shows an "engulfing structure", clear signs of a short-term halt in the fall, and if there is higher trade volumes, a rebound correction is expected.
🔻Support level:
• 2490: Previous low support, if stabilized, bulls are expected to continue.
• 2460: structural support level, if lost, the Rebound will fail
• 2410: Stage bottom area, if broken, the trend weakens
🔺Resistance level:
• 2535: The first Rebound target, if it stabilizes, it can continue to attack.
• 2550: short-term key resistance, pay attention to whether there is a higher trade volumes breakthrough.
• 2605: Mid-term strong resistance, first touch may easily fall back.
🧭 Operation Suggestions:
• ✅ A pullback near 2490 / 2460 can be an opportunity to try a light long position, with a stop loss set below 2435.
• ⚠️ If the price rebounds to around 2535 / 2550 / 2605 and stagnates, you can take partial profits or try shorting.
• ❗ The current technical indicators show initial signs of a stop in the fall, but still require confirmation through higher trade volumes and price movement. The focus should be on low long positions, with quick entries and exits.
📌 Technical Summary:
ETH currently shows a Candlestick engulfing pattern + a bullish resonance signal from the MACD turning point, indicating a potential upward correction in the short-term. The key lies in whether it can effectively break through the 2550 line, after which a decision can be made on whether to look towards the 2600 area.