Technical analysis by kunal00 about Symbol ETH: Buy recommendation (5/22/2025)

ETH – Bullish Flag After Monster RunEthereum (ETH) has nearly doubled since April, and now it’s cooling off — but in the best way possible: a bullish flag consolidation.🔹 After a nearly 100% move, ETH has been consolidating tightly for two weeks — textbook flag behavior.🔹 The trend remains strong, and this type of structure often leads to another leg higher.🔹 Volume has tapered off during the flag — exactly what you want to see before a breakout.Setup Overview:Pattern: Large bull flagSupport/Risk: Defined risk to the $2500 zoneMeasured Move Target: Breakout could push to $3100–$3500 based on the prior legWhy I like this setup:Healthy consolidation after a parabolic runRisk/reward is favorable with structure and measured targetPotential breakout fuel from the ETH ETF narrative + BTC dominance rotationPut a hard stop at 2480 incase this tariff stuff spills over htew weekend so far its holding up ok but want to be careful!