Technical analysis by Muhammad-Umar about Symbol ETH: Buy recommendation (6/6/2025)

📅 Date: June 7, 2025⏱ Timeframe: 30-Minute (COINBASE)📊 Pair: Ethereum / U.S. Dollar (ETH/USD)💡 Trade Idea Summary:Ethereum is showing signs of a bullish reversal after a strong corrective move. Price has formed a potential higher low structure and is preparing for a bullish continuation.🔹 Entry: $2,454🎯 Target: $2,600🛡️ Stop Loss: $2,376⚖️ Risk-Reward Ratio: ~1.9:1📈 Technical View:Recent downtrend appears exhausted with a clear bounce from the $2,384 zone.Break of lower highs indicates shift in momentum.Expecting a short-term dip to retest the higher low before continuation towards $2,600.Ideal for swing traders or short-term bullish setups.📌 Trade Management Tips:Watch for bullish confirmation near $2,454 before full entry.Trail stop if price breaks above $2,520 for risk reduction.Avoid the trade if price closes below $2,376 on the 30m chart.🔔 Disclaimer: Not financial advice. Always do your own research and manage risk appropriately.