Technical analysis by coinpediamarkets about Symbol ETH: Buy recommendation (11/10/2025)

Pattern: Break & Retest + Ascending Trendline (Bullish Continuation Setup) The chart shows ETH breaking out of a key resistance zone, retesting it as support, and continuing to move inside a rising trendline channel. This structure signals strong bullish momentum with potential continuation toward the next major supply zone. Key Observations 🔹 Support Flip Zone: $3,500 – $3,540 — previous resistance now acting as clean support after a successful retest. 🔹 Ascending Trendline: ETH is riding a strong upward channel, forming higher lows and maintaining momentum. 🔹 EMA (50): Price has reclaimed the EMA and is now trading above it, adding bullish confirmation. 🔹 Targets Marked: Chart highlights $3,700 as the first resistance/target and $3,800 as the secondary upside level. 🔹 Structure: As long as ETH holds above the green support zone + trendline, buyers remain in control. Potential Move If ETH continues to respect the support zone and trendline: 🎯 Target 1: $3,700 🎯 Target 2: $3,800 A clean break above $3,800 opens a path toward the major resistance zone at $3,820–$3,900. A breakdown below the trendline or $3,500 zone would weaken the bullish structure and delay the move. Summary: ETH is showing a strong bullish continuation pattern after a successful break and retest of key resistance. Holding above the $3,500–$3,540 support keeps momentum intact, with upside targets at $3,700 and $3,800. Structure remains bullish unless price loses the rising trendline and dips back into the previous range. #coinpediamarkets #ETH #ETHUSDT #CryptoAnalysis #TechnicalAnalysis #Altcoins #SupportZone #ResistanceZone #BullishTrend