Technical analysis by MMBTtrader about Symbol ETH: Buy recommendation (12/7/2025)
https://sahmeto.com/message/3967545

MMBTtrader
Rank: 31275
Analytical Power:
1.0
ETHUSDT Channel broke and target is 3800$ now
Buy
Price at Publish Time:
$3,007.97

As observed on the chart, Ethereum has broken out of its previous channel structure and is currently consolidating within a defined range. This period of consolidation following a breakout is a typical technical development, often serving to build energy for the next directional move. Based on the prevailing structure, we anticipate a resumption of upward momentum following this phase of range-bound action, with the potential for a significant bullish impulse once accumulation is complete.
DISCLAIMER: ((trade based on your own decision))
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Source Message: TradingView