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Technical analysis by TRADE_CENTER_1 about Symbol ETH: Buy recommendation (6/15/2025)

https://sahmeto.com/message/3600533
TRADE_CENTER_1
TRADE_CENTER_1
Rank: 4537
1.7

ETH/USD Bullish Reversal Setup from Trendline Support

Buy
Price at Publish Time:
$2,513.78
Profit Target:
(+14.67%)$2,882.5
Stop Loss Price:
(-8.66%)$2,296
Buy،Technical،TRADE_CENTER_1

ETH/USD is respecting a support trendline and forming higher lows. Price is currently consolidating near the trendline support, suggesting potential for a bullish reversal. The projected move targets the \$2,882.5 resistance level. A strong bounce from the \$2,436–\$2,296 support zone could trigger the next upward impulse.Here is a proper Take Profit (TP) and Stop Loss (SL) setup based on the chart:Entry Zone: Around \$2,436–\$2,460 (near support trendline)Take Profit (TP): TP1: \$2,650 TP2: \$2,750 TP3 (final target): \$2,882.5Stop Loss (SL): Below the trendline and last swing low SL: \$2,296This setup offers a favorable risk-to-reward ratio if the price respects the trendline and resumes upward momentum.

Source Message: TradingView
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