Technical analysis by Musarrat_karamat about Symbol ETH: Buy recommendation (7/4/2025)

Ethereum is currently trading within a broad consolidation range between $2,387 (support) and $2,657 (resistance) on the 4H timeframe. After a sharp pullback from range highs, price is retesting the mid-range and Fibonacci levels, offering a potential bullish setup. Trading Plan:Buy Stop: $2,501 (confirmation of upward momentum)Stop Loss: $2,363 (below key support zone)Take Profit 1 (TP1): $2,657 (range resistance)Take Profit 2 (TP2): $2,853 (projected breakout target) Key Levels to Watch:Support Zone: $2,387 – $2,363Resistance Zone: $2,657 – $2,853Fib Retracements: 38.2% @ $2,554 & 61.8% @ $2,472📊 Bias: Bullish above $2,501, caution if price dips below $2,363.RSI is hovering near 44, suggesting neutral momentum with potential room for upside if buying pressure increases.