Technical analysis by CrazyS about Symbol ETH: Buy recommendation (1/5/2025)

ETHUSDT ETHUSD 📈Which side you pick?Bulls or BearsPine Script®After the alt-season scenario occurs, a very likely target for ETH/USDT is around $8,000. Currently, the price is stabilizing, and if it remains within this zone, a strong breakout could drive the price up to the $8,000 target. In another scenario, if the price breaks below the red zone, a lower dynamic support line could provide protection for buyers around the $2,500 to $2,600 range.👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.➡️Entry Area:Yellow zone⚡️TP:4K5.2K6K6.8K (Risk-free level)(if the price reached this level, risk-free your positions.)8K🔴SL:2850$🧐The Alternate scenario:If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.