Technical analysis by FrankFx14 about Symbol ETH: Buy recommendation (5/31/2025)

FrankFx14
ETHEREUM Bounce Zone Activated – Bulls Waking Up?

Ethereum just tapped into a high-probability demand zone (highlighted in brown) and is now consolidating around $2,514.96, teasing a potential bullish reversal.🔎 Technical Overview – ETHUSD (15m Timeframe):✅ Demand Zone: $2,510 – $2,521 (high interest zone with historical reaction)⚠️ Support Holding at: $2,521.24📉 Previous sell-off stalled after testing this strong area of interest🧠 Using LuxAlgo Supply & Demand Range, price is reacting to major volume clusters📈 Key Resistance Levels:Minor: $2,635.00Major: $2,765.45 (heavy supply area, caution here)💡 Potential Setup:> 🟢 Long above $2,520 with confirmation❌ SL: Below $2,500 (tight risk control)🎯 TP1: $2,635🎯 TP2: $2,765🔥 Scenario to Watch: If buyers gain momentum, ETH could run into the $2,635 area quickly. Break above that, and $2,765 becomes the next magnet.🧠 Smart traders are watching for:Bullish engulfing candle 🕯️RSI divergence 📉Volume spike 🚀📌 Are you buying this dip or waiting for confirmation? Let’s discuss in the comments! 👇#ETHUSD #Ethereum #CryptoAnalysis #SupplyDemand #LuxAlgo #CryptoTraders #ETH #PriceAction #ScalpingSetup #IntradayCrypto #BuyTheDip---