Technical analysis by BULLSTAR1 about Symbol ETH: Buy recommendation (10/16/2025)

Ethereum is currently retesting a key ascending trendline that has acted as strong support since early summer. The price recently dipped into the $3,400–$3,600 demand zone, showing signs of buyer strength and potential reversal. If the trendline holds, we could see ETH push toward the next resistance levels at $4,400, $4,800, and potentially $5,000 in the coming weeks. A daily close below the $3,400 support zone would invalidate this bullish setup and could signal a deeper correction. 📈 Targets: TP1: $4,400 TP2: $4,800 TP3: $5,000 🛑 Stop Loss: Below $3,350 ETH remains in a long-term uptrend structure. The current pullback provides a possible entry opportunity if support holds, offering an attractive risk-to-reward setup.