Technical analysis by Guapeva about Symbol ETH: Buy recommendation (8/2/2025)

ETHUSD has recently broken the channel, but it’s now sitting at a key Fibonacci support level. At this level, we may see: A rejection to the upside with a continuation of the bullish trend, Or some accumulation phase as buyers and sellers find balance. Weekly Stochastic is overbought, signaling the possibility of some sideways consolidation or accumulation before the next move. 📌 Watch price action closely for confirmation before committing. This support zone is critical for the next directional move.