Technical analysis by Raphael_TraderGOLD about Symbol ETH: Buy recommendation (12/13/2025)

Ethereum (ETH/USD) – 1-Hour Chart Current Market Structure: - Ethereum has recently seen a sharp drop, followed by a consolidation phase. - Price is now positioned near a key support zone, as indicated by the horizontal blue line. - The trendline above suggests a descending resistance that could play a significant role in price action going forward. Key Levels: - Support Zone: $3,051.89 - The price is currently near this level, and it will be critical in determining whether Ethereum will reverse or continue lower. - Target Zone: $3,159.56 - If Ethereum successfully bounces from the support zone, the next target is near this level, marked by the blue arrow. - Resistance Trendline: The price is approaching a downward sloping resistance. A break above this trendline would signify a potential bullish breakout. Probable Scenarios: - Bounce from Support Zone: The current level looks like a potential buy zone, with a bounce toward $3,159.56 as the first target. - Continued Rejection at Resistance: If price fails to break the resistance trendline, expect further downside action toward lower support zones. - Breakdown of Support: If price breaks below the support zone, a move lower toward the next support level is likely, potentially extending the decline. Market Impact: - Short-Term Volatility: There is likely to be volatility due to the support and resistance interaction, so keeping an eye on price action near these levels is crucial. - Upcoming Events: Be aware of external factors like economic announcements that could disrupt price movement. Trading Strategy: Buy at Support: Look for a confirmation of the bounce from the support zone, aiming for the target near $3,159.56. Sell at Resistance: If price fails to break above the resistance trendline, consider shorting with a target near the next support zone. For now, patience is recommended until the price shows clear behavior near these key levels.ETH is holding above the key support zone, confirming buyers are still defending the structure. Price is consolidating after the recent pullback, forming higher lows inside the range a healthy accumulation phase, not weakness. As long as support holds, the bias remains bullish. Expect continued range build → break above 3,159 → expansion toward the 3,260 target.