Technical analysis by melikatrader94 about Symbol ETH: Buy recommendation (5/27/2025)

Hello guys!Ethereum has formed a textbook inverse head and shoulders pattern on the 15-minute timeframe and just confirmed a breakout above the neckline. This bullish reversal formation comes after a sharp downtrend, signaling a potential shift in short-term momentum.📌 Breakout Level: ~$2,645🎯 Potential Target: ~$2,730–$2,750 based on the pattern height🟦 Retest Zone: ~$2,620–$2,640 We’re currently seeing a healthy breakout followed by a possible retest of the neckline, which could offer a solid entry for continuation toward the upper boundary of the channel.If bulls hold this structure, ETH could accelerate higher in the coming sessions.