Technical analysis by CryptoSanders9563 about Symbol ETH: Buy recommendation (7/9/2025)

ETH has been trading inside a symmetrical triangle (shown by converging black trendlines).A breakout has occurred above the descending trendline, signaling bullish momentum.The rising diagonal trendline from late June is acting as strong support.Ichimoku Cloud:ETH is above the cloud, indicating a bullish bias.The cloud below the price is green and fairly thin, suggesting modest support if the price dips back.Key Levels:Resistance Zone: $2,650–$2,700 (upper breakout zone).Immediate Support: $2,550 trendline area.Major Support Zone: $2,250–$2,450 (large yellow box). This has previously served as a significant accumulation zone.Potential Scenario:The price may retest the broken triangle trendline around $2,550–$2,570 (as indicated by the wavy projection on your chart).Holding above this level could fuel a rally toward $2,750–$2,850 next.Losing $2,550 would expose ETH back toward the bigger yellow support zone.Short-Term Outlook:Momentum favors bulls as long as ETH stays above ~$2,550.Watch for volume on any move above $2,650 to confirm continuation toward higher targets.Conclusion:ETH has broken its triangle resistance and looks poised for further upside. A successful retest near $2,550–$2,570 could launch the next leg higher toward $2,750–$2,850.Stay tuned for updates and key levels to watch!Thanks for your support!DYOR. NFA