Technical analysis by Bullmaste about Symbol ETH: Buy recommendation (6/5/2025)

Ethereum (ETHUSD) • Daily Chart 🚀---🔑 Key Levels* Demand Zone (Support): \$2,350–2,550 * Price has bounced here twice in the last year.* Immediate Resistance: \$2,741 * Multiple rejections around this level recently.* Next Major Resistance: \$3,437 * Former highs in late 2024/early 2025.* Big Supply Zone (Strong Sell Area): \$4,000–4,200---💡 What’s Happening?* ETH is sitting in a “base” between \$2,528–2,741 (green box).* If it breaks above \$2,741 on strong volume, it can run toward \$3,437 and eventually \$4,000+.* If it falls below \$2,528 (demand), the next support is around \$1,997.---🎯 Trade Idea* Bullish Entry: Buy on a daily close above \$2,741 + higher-than-usual volume. * First Target: \$3,437 (take partial profit). * Final Target: \$4,000–4,200 (major sell area). * Stop-Loss: Below \$2,500 (just under support).* Bearish Scenario: * If price drops below \$2,528 with big volume, look for a possible move down toward \$1,997.---📈 Indicators (Confirmation Only)* Volume: Watch for a spike on any breakout above \$2,741.* MACD & RSI: If both are rising (not overbought), it adds confidence—though price and volume matter most.---👍 SummaryETH is coiling in a strong support zone. A clean break above \$2,741 on good volume can send it to \$3,437, then \$4K+. If support fails, \$1,997 is next. Trade with proper stops and watch volume for confirmation.— Feel free to leave a 🚀 if this helps!#Ethereum #ETHUSD #Crypto #Support #Resistance #Volume