Technical analysis by pejman_zwin about Symbol ETH: Buy recommendation (6/10/2025)

pejman_zwin

Ethereum(ETHUSDT) seems to have finally managed to break the Resistance lines and the 200_SMA(Daily) in the fifth attack. However, the number of Resistance lines inside the Heavy Resistance zone($2,929_$2,652) is high, and Ethereum will find it difficult to break through them.In terms of Elliott Wave theory, it seems that Ethereum is completing microwave 4, and we should wait for this wave to complete. Microwave 4 could act as a pullback to the resistance lines and 200_SMA(Daily).I expect Ethereum to start rising from the Support zone($2,745_$2,650) again and rise to at least the Potential Reversal Zone(PRZ)[$2,910_$2,810].Note: If Ethereum touches $2,537[Worst Stop Loss(SL)], we can expect further declines.Please respect each other's ideas and express them politely if you agree or disagree.Ethereum Analyze (ETHUSDT), 1-hour time frame.Be sure to follow the updated ideas.Do not forget to put a Stop loss for your positions (For every position you want to open).Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Trade was activated after ETH Pullback to Resistance line(broken)Target Done