Technical analysis by German_Midas_club about Symbol ETH: Buy recommendation (2/14/2025)

Ethereum: Is It Time to Accumulate? A Smart Money Perspective with Midas Multi-IndicatorEthereum (ETH) is currently navigating a volatile phase, and the recent pullback could be presenting a prime accumulation opportunity. Let's break down the weekly chart using Midas Multi-Indicator, a tool I rely on to pinpoint critical support and resistance levels.📉 Market Overview: Ethereum at a CrossroadsETH/USDT is trading around $2,740, after a notable correction from recent highs. The question traders are asking: Is this the bottom, or do we go lower before the next leg up?The Midas Multi-Indicator reveals key zones where smart money is likely positioning for the next major move.🔍 Key Support & Resistance Levels (Midas Multi-Indicator)📌 Major Support: $2,200 – $2,400This is where institutional buyers have historically stepped in. Midas Multi-Indicator highlights strong demand accumulation in this zone, making it a high-probability entry for long-term positioning.📌 Overhead Resistance: $3,800 – $4,000This range has acted as a major supply zone, rejecting price on multiple occasions. Two prior sell signals from Midas at these levels were spot-on, reinforcing the validity of this resistance.📌 Current Price at $2,740ETH is teetering on a key mid-level, and the battle between buyers and sellers is intensifying. Holding above this zone could spark a recovery, but a breakdown invites deeper retracement.📊 Market Structure & Indicator Signals✅ Liquidity Pockets: Heavy liquidity clustering around $2,700 – $2,800, indicating a potential consolidation before the next move.✅ Momentum Indicators: Oscillators are approaching oversold territory, hinting at a possible bounce.✅ Pattern Recognition: The current correction mirrors previous cycles that preceded sharp rallies—but confirmation is needed.🚀 Trade Strategy: Smart Entries & Risk Management📍 Bullish Play:Holding above $2,700 and reclaiming $2,800 would signal renewed strength.Profit potential: A breakout could lead to gains of 45% – 90%, targeting $3,200 – $3,500, with an extended move toward $4,000 – $5,000 if momentum follows through.📍 Bearish Play:A breakdown below $2,700 exposes $2,400 – $2,200 as the next accumulation zone.If price enters this region, aggressive buying from institutional players is expected.💡 The Bottom LineEthereum is at a pivotal level, and Midas Multi-Indicator suggests accumulation in the $2,200–$2,400 range remains a solid strategy. With profit potential reaching 45% – 90%, this setup is worth watching closely.Smart money is positioning itself accordingly—are you?Stay sharp and trade with discipline. 🚀💬 Where do you see ETH heading next? Drop your insights in the comments!📩 To get the indicator for a demo access, message me on Telegram! 📩Sergj_gsg