Technical analysis by samee_tehreek about Symbol ETH: Buy recommendation (6/1/2025)

As of June 1, 2025, the ETH/USDT 1-hour chart is exhibiting bullish divergence, a signal indicating a potential reversal to the upside. This is confirmed by the RSI Divergence Indicator at the bottom of the chart, which shows higher lows in RSI while the price is making lower lows — a classic bullish divergence setup.The chart suggests a buy entry at $2500, with a stop-loss (SL) set at $2464 to manage downside risk.Two profit targets have been identified:TP1 (Take Profit 1): $2527TP2 (Take Profit 2): $2543The price is currently trading around $2508, slightly above the suggested buy zone, and is following an upward trendline. The chart implies that if momentum continues, ETH could reach the outlined resistance levels, hitting both profit targets sequentially.Overall, this setup offers a favorable risk-to-reward ratio with a bullish outlook, supported by divergence and trendline confluence.