Technical analysis by JerrytradingCR about Symbol ETH: Buy recommendation (11/22/2024)

ETHUSDT After making a strong rebound from the well-tested support zone around $3,000, Ethereum has demonstrated impressive resilience, steadily climbing through key resistance levels. It is now trading around $3,372, with the focus on a critical trigger point near $3,445.63, which could pave the way for a significant rally.Personal Insight: Since the price is reacting around a strong resistance level, there is a high probability of a pullback to attract liquidity from buyers before the price is expected to continue its upward movement.