Technical analysis by The_Trading_G3ek about Symbol ETH: Buy recommendation (8/22/2025)

I have taken a long position on Ethereum as the price has bounced from a strong support zone while also respecting the ascending trendline. The current market structure is forming higher-lows, indicating a potential bullish continuation. Entry: Around $4,293 Stop Loss: $4,148 (below the previous swing low) Target: $4,797 (major resistance zone) Risk-to-Reward Ratio: Approximately 1:3 Additionally, the RSI indicator is recovering from lower levels, showing clear signs of bullish momentum building up. If the price maintains this trajectory, there is strong upside potential. This trade is based on trendline support, bullish structure, and RSI confirmation.