Login / Join

Technical analysis by PetrockTheAnalyst about Symbol ETH: Buy recommendation (4/2/2025)

https://sahmeto.com/message/3497022

Ethereum Approaching Key Resistance – Breakout or Rejection?

Buy
Price at Publish Time:
$1,900.9
Buy،Technical،PetrockTheAnalyst

Ethereum (ETH) has been on a strong upward trend since bouncing from the $1500 zone, and it’s currently trading around $2372. All eyes are now on the next major resistance area between $2600 and $2900.So what’s next—breakout or pullback?If ETH can push through this resistance with strong momentum and volume, we could see a continuation toward $3000 and beyond. A rejection from this level could lead to a dip back toward the $1900–$1700 support range.My Take: The trend is bullish, but this resistance zone is a key test. A strong close above $2900 would confirm a breakout. Until then, caution and close observation are crucial.What do you think? Will ETH break through or bounce down from here?Share your thoughts below!Kindly support this idea with a LIKE👍 if you find it useful🥳Happy Trading💰🥳🤗Here we are. Breakout or rejection?Can we call this a rejection or wait for weekly candle close?

Source Message: TradingView
Signals
Top Traders
Feed
Alerts