Technical analysis by MMBTtrader about Symbol ETH: Buy recommendation (11/28/2025)

The market appears to be entering a phase of consolidation and potential correction, which represents a healthy technical development. We are observing the formation of a potential double bottom pattern around a significant Fibonacci support level, which previously demonstrated strength by catalyzing a notable price rebound. The key technical development to monitor will be a decisive breakout above the current resistance zone. Such a breakout, particularly with strong volume confirmation, could initiate a substantial upward movement. Alternatively, should the price continue to consolidate within the current range, this would likely represent a period of accumulation before the eventual resolution of the pattern. The technical structure suggests that a breakout remains the more probable outcome following this consolidation phase. also the pump may continue now without forming any double bottom now. DISCLAIMER: ((trade based on your own decision)) <