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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
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#ETH#
Current Short-Term Long Position Analysis for Ethereum (ETH) (June 15, 2025)
Current Price: $2535
Ethereum is currently trading at $2535, indicating a more cautious approach in the market. However, we can determine potential targets for those who want to open a long (buy) position at these levels.
Position Opening and Targets:
* Entry (Buy) Price:
* If support is found in the $2500 - $2520 range and the price reacts from these levels, this can be considered as an entry point.
* Alternatively, breaking the $2550 resistance upwards and maintaining its persistence above it can also be a buy signal.
* First Target: In the short term, the $2600 - $2650 range can be determined as the first profit taking target.
* Second Target: If it holds above this level, the $2700 - $2750 range can be followed as the second target.
* Risk Management (Stop-Loss): It is important to set a stop-loss level below $2450 to protect your position against possible declines. This will help you limit your risk.