Technical analysis by arztraderofficial about Symbol ETH: Buy recommendation (6/21/2025)

arztraderofficial

🔍 ETH/USDT Analysis – Daily TimeframeETH is currently trading at $2,427, holding above the key support zone around $2,370 - $2,390, which is aligned with the 100 EMA. This zone has acted as a strong accumulation area.📈 Market Structure:Price is consolidating inside a horizontal range. A confirmed breakout above the resistance zone ($2,650 - $2,700) could lead to a bullish continuation towards the major resistance at $2,861.📊 Technical Outlook:Trend: Sideways range (accumulation phase)100 EMA: Acting as dynamic supportBreakout Potential: Bullish continuation expected on breakout and retest📌 Trade Plan (Not Financial Advice):Entry Idea: Break and close above $2,700 zoneTarget: $2,861 and higherInvalidation: Daily candle close below $2,370ETH is building strength above its 100 EMA. A breakout from this range can trigger a fresh bullish leg.🔁 Like & share your opinion! Always DYOR before trading.