Technical analysis by Kiu_Coin about Symbol ETH: Buy recommendation (7/9/2025)

Hello Traders 🐺In this quick update, I want to share my view on Ethereum (ETH) and walk you through the current short-term structure and price target.📊 Technical Insight:As shown on the chart, ETH is now trading just below a critical confluence zone of resistance between $2650 and $2850.Here’s what makes this area significant:🔴 A downward-sloping red trendline acting as dynamic resistance.🟣 A weekly horizontal resistance sitting firmly at $2850.This double-layered resistance zone is the main obstacle in ETH’s path right now.But here’s the good news — if ETH manages to break above the red trendline, there’s a high probability that it could push through the weekly resistance as well. In that case, the next target would likely be the triangle resistance near the $3700 level — the previous swing high.This could be a major technical breakout in the making.📌 Key Levels:Resistance: $2650 – $2850Breakout Target: $3700Let me know your thoughts in the comments 👇And as always — stay sharp, stay patient, and stick to the plan.🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺🐺 KIU_COIN 🐺