Technical analysis by isahebdadi about Symbol ETH: Buy recommendation (11/9/2025)

The chart shows ETH/USD on the daily timeframe, illustrating a clear Cup & Handle pattern formation. This structure typically signals a continuation of a long-term uptrend, but a short-term correction remains possible before any major breakout. Short-Term Outlook (next 2–3 months) Ethereum is currently trading around $3,500, having faced strong resistance near $4,800. The 50-day SMA around $4,000 is acting as a resistance level as well. Likely short-term scenario: Continued correction toward the $3,200–$2,800 support zone If $3,200 breaks: The next major support sits near $2,400 If $3,200 holds and ETH reclaims $4,000: A retest of $4,800 becomes likely Target (bullish): $4,500–$4,800 Stop-loss: Below $3,000 Long-Term Outlook (late 2025 to 2026) The broader cup pattern suggests that once ETH breaks above $4,800 and confirms it as support, a powerful long-term rally could begin. That level coincides with the previous all-time high from 2021, making it a critical breakout zone. If $4,800 is broken and held: Upside targets are $5,800 and $6,400 If $2,400 fails: The bullish structure breaks down, opening the way for a deeper decline toward $1,800–$1,600 Target (bullish): $5,800–$6,400 Stop-loss: Below $2,400 Summary Market is at a decision point: Break above $4,800 → strong bullish continuation to new highs Drop below $3,200 → deeper correction toward $2,400