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

🔹ETH/USDT – Technical Analysis (4H Chart)Ethereum recently bounced from a key demand zone around $2,430-$2,480, following a sharp retracement from the $2,870 peak. The pullback respected this zone, aligning with the intersection of a former downward trendline, now acting as support.🔍 Key Technical Highlights:▪️ Break and Retest: Price broke above the downward trendline, retested it, and is now attempting a rebound - this confirms a potential bullish continuation.▪️ Demand Zone Respected: The reaction from the demand area signals buyer interest and market structure preservation.▪️Volume Spike: Increased volume at the bounce point adds weight to bullish conviction.🎯 Upside Targets:▫️ Immediate Resistance: $2,720-$2,750▫️Final Target Area: $2,870+📉 Invalidation: A break below $2,430 would invalidate the bullish structure and expose lower support levels.📈 Bias: Bullish, while price holds above $2,430 and maintains higher low formations. Watch for a clean break above $2,640 to confirm momentum toward resistance zones.🔹Community Insight:If you find this analysis helpful in your trading journey, feel free to share your thoughts or questions in the comments. Let’s work together to maintain a disciplined, technical approach to the markets.▪️Follow for regular updates and trade setups.