Technical analysis by TehLamboX about Symbol ETH: Buy recommendation (7/31/2025)

🟩 Breakout Level: $3,770 🟩 Fib-Based Targets: → $3,878 (0.236) → $3,940 (0) → $4,040 (0.382) 🟥 Invalidation: Break back inside the channel + loss of $3,678 Momentum Summary: Perfect touchpoints across the descending channel. Final wick tagged demand with massive volume, followed by impulsive breakout and retest. Short-term structure favoring bullish continuation.