Technical analysis by ScramblerG about Symbol ETH: Buy recommendation (6/11/2025)

ScramblerG

ETH is pressing against the upper resistance of a long-forming ascending triangle on the 4H chart — historically a bullish continuation pattern.Previous Move:Last breakout saw a +49.7% move, and the structure suggests we could see a similar surge again!Key Levels:Support: $2,242.98Breakout Zone: $2,850Resistance/Target 1: $3,419Major Target 2: $4,282 (+49.7%)RSI: 70.5 — strong momentum, near overbought but in breakout territory.Volume seems to be increasing near resistance, a breakout could be imminent.Potential Upside: +49.7% if triangle breaks cleanly.Bias: BullishTimeframe: 4HWatch for: Rejection at $2,850 or breakout retest for entry confirmation.This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.Please like, share, and comment on this idea if you liked it.#ETH #Ethereum #ETHUSDT