Technical analysis by yekarakuss about Symbol ETH: Buy recommendation (11/18/2025)

accumulation The price was stuck in the 3000–3050 band for a long time, creating an accumulation area. The wicks made downwards from this region and the last bottom cleaning are marked as "manipulation" on the chart. manipulation The price fell below the RL level, hunting stops and collecting short-term liquidity. It then made a comeback with a strong green candle, confirming the manipulation. This movement shows that the manipulation phase, which is the second phase of the PO3 formation, has been completed successfully. distribution If the price continues this structure with confirmation, the next targets are: EQ YO (Equal Range / Mid) – $3350 region This is the first serious testing area for the price to transition into the distribution phase. RH – $3650 region It stands out as a liquidity target. This area formed by the upper wicks is the ideal region for "distribution" in the PO3 structure. Major Time Frame Trend Line The main falling trend line coming from the top is still active. Therefore, the movement towards the 3350–3500 region will be critical for the trend break. In conclusion; The manipulation phase of the PO3 formation in Ethereum has been completed. In order for the structure to remain active, the price must not fall below $3000 again. Persistence above this may lead to first the 3200–3300, then 3350 and upper liquidity target 3650 regions. Closings below $3000 disrupt the structure and increase bearish pressure again.