Technical analysis by MMBTtrader about Symbol ETH: Buy recommendation (12/14/2025)

Wait for breakout here on blue zone or if it hold gain is cooking. As observed on the chart, Ethereum is testing a critical multi-confluence support zone (marked in blue). The significance of this level is derived from three key technical factors: Fibonacci Support : It aligns with the 0.5 to 0.618 retracement zone on the 4-hour chart, a common area for trend reversals. Channel Support : This zone coincides with the lower boundary of the prevailing price channel. Psychological Support : It reinforces the major round-number support at $3,000. Scenarios: Bullish: A sustained hold and bullish reaction from this confluence support could catalyze an upward move toward $3,500 and higher. Bearish : A decisive breakdown below this zone (as indicated by the bearish projection on your chart) would invalidate the support structure and target a decline toward the $2,450 area. This zone represents a clear inflection point where the market's next medium-term direction is likely to be determined. DISCLAIMER: ((trade based on your own decision)) <