Technical analysis by unichartz about Symbol ETH: Buy recommendation (5/31/2025)

ETH has successfully bounced from a long-term rising trendline that has acted as strong support since 2020. This trendline has historically triggered major bullish moves, and it’s doing its job once again.Notably, ETH has also reclaimed the mid support/resistance level, which had previously acted as a key flip zone in past market cycles.With both the trendline and horizontal support holding, the structure looks bullish. If momentum continues, ETH could head toward the upper resistance line, potentially targeting $4,000+ in the coming months.The trend remains intact — this bounce could mark the start of a major leg up.