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7.14 afternoon ETH intraday outlook
The overall 4-hour uptrend hasn’t changed. It surged to 1848, couldn’t go further, and pulled back. Current price is 1790.
Today’s range is 1748 to 1793. Long and short positioning flows are about the same, with no large-scale liquidations.
Support is at 1750. Hold this level to see a rebound. 1700 is the long side’s bottom line.
Resistance above is 1840, with strong resistance at 1848.
Trading plan: prioritize going long on dips.
If it drops to 1750 and stabilizes, then enter. Set stop-loss below 1740. First target 1840—once it breaks through, then look at 1848.
If price can’t break higher from 1840 to 1848 and keeps stalling, don’t chase—it's easy to get wicked and swept for losses.
Trade with a light position size, and always include a stop-loss.
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