Technical analysis by CIDA_SIGNALS about Symbol ETH: Buy recommendation (3/16/2025)

Ethereum has successfully broken out of the descending trendline, signaling potential bullish momentum. The price is currently holding within a strong support zone, which could act as a launchpad for further upside movement.I expect the market to push higher towards the next key resistance levels. My target levels are set at $1,989.71, $2,155.17, and $2,267.42, while the stop-loss is positioned at $1,776.44 for risk management.A retest of the breakout zone could provide an optimal entry before continuation to the upside. Watching for confirmation and volume increase to validate the move.Trade OpenedTp-1 Hit