Technical analysis by ProfitMagnet-Pro about Symbol ETH: Buy recommendation (10/24/2025)

Ethereum (ETH/USD) has broken out of a descending trendline, indicating a potential shift in market sentiment. Price has been consolidating within a descending triangle, repeatedly testing the support zone near the $3,700–$3,750 area. Following the breakout, ETH is now showing early signs of a bullish continuation, with possible higher lows forming above the broken trendline. If the price sustains above the breakout zone, continued momentum could drive it toward the next resistance area. Descending triangle structure with strong support near $3,700. Successful breakout of descending trendline. Potential bullish push if price sustains above current consolidation. Volume profile supports higher liquidity above. First bullish target sits near $4,100. Extended target toward $4,290 (major resistance). Retest of the trendline + support zone → Higher low → Move toward $4,100 and potentially $4,290. Failure to hold above the broken trendline and a break below the $3,700 support zone could reintroduce bearish pressure. This analysis is for educational purposes only. Always manage your risk and trade responsibly.