Technical analysis by GustavoCastaneda1 about Symbol ETH: Buy recommendation (3/23/2025)
https://sahmeto.com/message/3371971

GustavoCastaneda1
Rank: 30554
Analytical Power:
1.3
Eth to $2,500?
Buy
Price at Publish Time:
$1,995.9
Profit Target:
(+25.26%)$2,500
Stop Loss Price:
(-6.03%)$1,875.52

Hello friends! Well, I'm sharing my opinion. Eth is feeling boring. There isn't much volatility, however, the rebound is clear. It's clear that it will be testing the $2,250 area. However, there are two scenarios:A) A brief approach with a very sharp rejection.B) A strong upward breakout to use the $2,250 area as support and reach the famed $2,500, which is a highly liquid area.In conclusion, the price will seek the $2,250 area early in the week, and buying pressure will determine the final direction.Disclaimer: This is only an opinion; it should not be used as investment advice or recommendation.
Source Message: TradingView