Technical analysis by CryptoAle992 about Symbol ETH: Buy recommendation (6/30/2025)

1. Main TrendThe overall trend for the ETH/USDT chart (30-minute timeframe) appears bullish, confirmed by the recent breakout above the $2,480 resistance level and price maintaining above the moving averages (MA 50 and MA 200).The latest upward momentum pushed the price to around $2,510, but the current candlestick seems to be consolidating at this level.2. Key LevelsResistance:$2,543 (next critical level).Support:$2,480 (previous resistance, now acting as a key support zone).$2,461 (aligned with the MA 50 and prior consolidation).Breakout: A breakout above $2,480 has occurred. The bullish trend is likely to continue as long as the price remains above this level.3. Technical IndicatorsRSI (Relative Strength Index):Currently around 63, indicating positive momentum but not yet overbought (70+), suggesting more upside potential.MACD:Both the MACD and Signal lines are above 0 with a recent bullish crossover. However, the lines are converging, pointing to potential consolidation.Moving Averages (MA 50 & MA 200):The price is trading well above both moving averages, reinforcing the bullish outlook.4. Risk/OpportunityEntry Point: Long above $2,505 (continuation of the bullish trend).Stop-loss: $2,470 (below the breakout level and MA 50 to reduce risk).Take-profit:Level 1: $2,543 (first visible resistance).Level 2: $2,570 (potential extension of the trend).Confidence Level: High (given the strong breakout and supporting technical indicators).RecommendationTrading Setup:Asset: ETH/USDTDirection: LongEntry: $2,505Stop-loss: $2,470Take-profit:Level 1: $2,543Level 2: $2,570Confidence: HighAdditional Notes:Monitor volatility and volume: A drop in volume may signal weakening momentum.Bollinger Bands indicate possible tightening after the breakout, suggesting consolidation.🏦 Conclusion: The current setup supports a bullish continuation strategy with a favorable risk/reward ratio.