Technical analysis by MLDpwnz about Symbol ETH on 11/27/2025

➡️ Macro (1W) ETH continues to trade inside the ascending channel . After touching the upper boundary, price corrected toward the midline. Price has not closed below the midline — as long as it holds, reversal probability remains elevated. Weekly RSI is also sitting on historical support, adding weight to the bullish case. ➡️ Local (1D/3D) 1.Price is moving inside a descending channel. A full downtrend structure is formed: lower highs and lower lows. 2.Morning Star — a reversal candle pattern. On the 3D chart it’s a textbook formation. 3.RSI is forming a wedge. Breaking the upper boundary = signal for ETH to start a new uptrend. 4.Volume highlights a strong demand zone at $2200–2800. If price revisits this area, it will look scary — but it may offer the best long-term entry. 5. On ETH/BTC , a bullish wedge is forming — a trend continuation pattern. Price is consolidating at support, and this wedge could help break the first downtrend line. After re-accumulation, the market may move toward the next one.