Technical analysis by Algo_Trading_Mql5 about Symbol ETH: Buy recommendation (6/13/2025)

Algo_Trading_Mql5

breakdown of the target levels visible for ETH/USD on the 4-hour timeframe:---📌 Chart Observations:The chart is showing a rising channel or ascending wedge pattern.ETH recently bounced off the lower trendline (support).There are two marked “TARGET” zones on the chart:---🎯 Short-Term Target Zone:Located at approximately $2,680 - $2,700.This level is likely acting as a resistance area, and might be the first target for a bullish move.---🎯🎯 Main/Upper Target Zone:Located near the top of the channel, around $2,820 - $2,850.This is likely the final target if ETH breaks the previous resistance and continues upward.---⚠ Notes:Price is currently around $2,518, which is below both target zones.The Ichimoku Cloud is also providing potential dynamic support.A breakout above $2,680 could trigger momentum toward $2,850.---If you’d like, I can provide a risk/reward analysis or support/resistance breakdown as well.trade active