Technical analysis by 7b76378178a94776a5e396e815c266 about Symbol ETH: Buy recommendation (5/9/2025)

If Ethereum closes above $2,345 with strong volume, it suggests bulls are in control and could push prices toward the next resistance at $2,400.Failure to Break: If Ethereum fails to move past $2,345 and gets rejected, it could indicate that selling pressure is too strong, leading to a pullback.Retest & Confirmation: Sometimes, price may briefly break above resistance but fail to hold. A successful retest where the resistance turns into support strengthens bullish momentum.Volume & Momentum: Higher trading volume near resistance suggests strong market interest. Weak volume near resistance may indicate an upcoming rejection.