Technical analysis by CryptoSanders9563 about Symbol ETH: Buy recommendation (6/4/2025)

ETH has broken out of a long-term downtrend (black diagonal trendline) and is now in a consolidation phase below the $2,800–$2,850 resistance.The price is currently $2,612, showing hesitation below the key horizontal resistance.Resistance Zones:$2,800–$2,850: Key horizontal resistance. Breaking above this confirms bullish continuation.$3,200 and $3,600: Medium to long-term bullish targets.Support Zones:$2,000–$2,200: Strong horizontal support + ascending trendline + 50 EMA (red line)$1,410: Key long-term support (unlikely to be tested soon unless the market reverses)ETH breaks and closes above $2,850 ➝ $3,200 → $3,600 → $3,800+ likely to riseThe structure suggests that a higher low will likely form before the breakout.If ETH rejects at $2,850, expect a retest of $2,000–$2,200 (golden zone)This would create a bullish higher low setup and could be a strong buy-dip opportunity.Thanks for your support!DYOR. NFA