Technical analysis by SOAM_PRO_TRADER about Symbol ETH: Buy recommendation (10/2/2025)

🔹Technical Analysis - Ethereum/USDT (4H Chart) ▪️Current Price Behavior: Ethereum is currently trading around $4,376, showing a recent bullish move from the Demand Zone ($3,845 - $3,925). This rally has pushed the price into the Supply Zone ($4,300 - $4,450), which is acting as the first resistance area. ▪️Key Levels to Watch ▫️Resistance Level / Final Target: $4,700 - $4,850 - Strong resistance area; price has previously rejected from this zone multiple times. ▫️Supply Zone (1st Target Area): $4,300 - $4,450 - Current zone where price is facing selling pressure. Profit-taking or short entries may occur here. ▫️Support Level for Price: $4,120 - $4,200 - If price retraces, this level could act as a bounce zone. A break below may lead to further downside. ▪️Demand Zone: $3,845 - $3,925 - Strong buying interest seen previously. If price returns here, it may present a long opportunity. ▪️RBS (Resistance Becomes Support) Level: Around $4,230 — A key pivot area where previous resistance turned into support. A retest of this level could provide bullish confirmation. ▪️Consolidation Zone (Previous Price Activity): Price previously ranged between $4,150 - $4,350. This area may now serve as a decision point for either continuation or reversal. ▪️Potential Scenarios 🔼 Bullish Continuation: If price holds above the support level and breaks the supply zone, we may see a move toward the Final Resistance Zone ($4,700+). 🔽 Bearish Retracement: Failure to break the supply zone could lead to a pullback toward $4,230 or even the Demand Zone ($3,900). ▪️Volume Analysis Volume remains moderate; however, a spike in volume near resistance or support levels will be crucial for confirming breakouts or reversals. ▪️Conclusion: Ethereum is in a crucial decision zone. A break above the current supply area could open the path toward $4,700+, while failure may result in a retest of the lower support levels. Traders should watch for confirmations around $4,230 support and $4,450 resistance for next moves. If this helpful for you, press the like button.250 pips+ achieved