Technical analysis by Zickey_11 about Symbol ETH: Buy recommendation (10/27/2025)

Technical Analysis: Market Structure: Ethereum has shown a clear change of character (CHoCH) around the $4,080 level, confirming a bullish shift in structure after consolidating for several sessions between $3,900 and $4,100. Trend: The pair is now in a strong ascending channel, with a clear parabolic curve supporting the recent rally. Price action has been consistently forming higher lows, indicating healthy momentum from buyers. Support Zone: Primary Support: $3,700 – $3,750 Intermediate Support: $4,050 – $4,080 These areas are key for potential pullbacks before further continuation upward. Resistance Zone: The main resistance lies at $4,280 – $4,330, marked by previous structural highs and supply zone rejection. A clean break and retest above $4,330 could open the path toward $4,450 – $4,500. Momentum & Volume: The bullish impulse leg highlighted in blue shows strong momentum with minimal retracement, suggesting institutional participation or aggressive buying pressure. Projection: Short-term expectation is a minor pullback around $4,200 – $4,150, followed by another push upward toward the resistance zone ($4,300 – $4,350).