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

https://sahmeto.com/message/3600633
unichartz
unichartz
Rank: 30898

Ethereum Weekly Chart Shows Strength Above Key Support

Buy
Price at Publish Time:
$2,542.56
Profit Target:
(+73.05%)$4,400
Stop Loss Price:
(-1.67%)$2,500
Buy،Technical،unichartz

Ethereum is showing strong structure on the higher time frame. After rejecting lower levels, price has reclaimed the mid support/resistance zone, and is now consolidating just above it.What’s key here is the long-term rising trendline, which has held beautifully since 2020 and once again acted as a springboard for the recent bounce. This kind of confluence — trendline + zone flip — adds weight to the current price structure.If ETH maintains this zone, we could see accumulation continue, followed by a breakout toward the upper resistance line. For now, the chart leans bullish, but patience is key as consolidation plays out.DYOR, NFA

Source Message: TradingView
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