Technical analysis by SwallowAcademy about Symbol ETH: Buy recommendation (8/29/2025)

ETH is back at 100 EMA, where buyers and sellers are fighting over the dominance of that zone. Despite price retesting the 100EMA once again, we are still bullish and we are still seeing a good bounce happening from here on. The current market shakeout has been pretty deep and considering the fact that we are entering the new monthly candle (September), the shakeout is logical here. Swallow Academy