Technical analysis by Richtv_official about Symbol ETH on 12/8/2025

thereum just staged a strong rebound, signaling a potential momentum shift after months of bearish pressure. 🔄 Trend Development After a sharp drop early last week, ETH quickly reversed and printed a higher low — a key early sign of bullish intent. Shortly after, ETH broke above the previous week's high, marking the first higher-high and higher-low structure in months. While this happened in a tight time frame, it's a meaningful development from a price action perspective. 📉 Support & 📈 Resistance Levels Support held strong in the $2,600 – $2,800 range Immediate resistance now sits at $3,300 A breakout above $3,300 could trigger a move toward the upper boundary of the descending channel However, we can't give the "all clear" just yet. A weekly close above $4,000 – $4,200 would be needed to confirm a full trend reversal and bullish continuation.