Technical analysis by PIPsOptimizer about Symbol ETH: Buy recommendation (4/2/2025)
https://sahmeto.com/message/3385648

PIPsOptimizer
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Ethereum (ETH/USD) Breakout from Falling Wedge – Bullish Momentum Ahead?This 4-hour Ethereum chart shows a breakout from a falling wedge pattern, a bullish reversal formation. The price has started forming higher lows, signaling potential upside movement. The projected target is around $2,411, indicating a significant recovery.A successful retest of the breakout level could confirm further upward momentum. Traders may consider long positions while monitoring resistance levels.📌 Key Levels:Support: ~$1,879Target: ~$2,411Resistance Zones: $2,100 - $2,200Would you like me to refine this further? 🚀
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$2,411Stop Loss Price
$1,879Price at Publish Time:
$1,900.09