Technical analysis by Nova-Scalper about Symbol ETH: Buy recommendation (9/1/2025)

Nova-Scalper

💎 ETH WEEKLY PLAN UPDATE (09/01 ) Medium-term ETH Plan & Trend Outlook ETH has completed the test of the resistance zone at 4,800 (4k8 resistance DONE) and is currently in a corrective move. The price is still holding above the 4,200 – 4,215 support zone, which coincides with EMA89, showing that this is an important medium-term demand area. As long as ETH stays above 4,200, the main trend remains bullish, with the next target aiming toward 6,000 (Fib 2.618 resistance + strong supply zone). Key Support Zones: •4,200 – 4,215 → short-term demand, main support pillar. •3,600 – 3,620 → medium-term support (EMA200 + previous breakout). •3,200 – 3,216 → deeper support if 4,200 breaks. •2,500 – 2,520 → long-term support, major base zone. Key Resistance Zones: •4,800 – 4,825 → short-term resistance, recently tested. •6,000 – 6,050 → medium-term bullish target, strong supply zone. Trend Outlook: ETH is currently undergoing a healthy correction after a 5-wave rally. •The positive scenario: price holds above 4,200, then rebounds to retest 4,800, and if it breaks, the uptrend could extend to 6,000. •The negative scenario: if 4,200 breaks, the market could retrace to deeper support levels at 3,600 or 3,200 before forming the next bullish wave.