Technical analysis by SOAM_PRO_TRADER about Symbol ETH: Buy recommendation (4/12/2025)

SOAM_PRO_TRADER

Ethereum (ETH/USDT) – 4H Technical AnalysisSupport Zone & Reversal Potential Price has tested a strong daily support level around $1,526, marked by a high-volume reaction zone. A reversal is anticipated from this area as buyers step in.Short-Term Outlook The market shows early bullish signs, with a potential move toward the 1st target level at $1,624. Sustained momentum above this level may confirm a short-term trend reversal.Key Resistance Levels Upside continuation faces resistance at $1,766, followed by a stronger zone near $2,015. The 200 EMA also poses dynamic resistance, reinforcing these barriers.Conclusion As long as the price holds above the support zone, a bullish recovery toward the target levels remains likely. A breakdown below support would invalidate this outlook.If you enjoy, press the like button.from 1550trade running 100 pips+Congrats 1st target hit successfully , 230 pips+ profits.