Technical analysis by SwallowAcademy about Symbol ETH: Buy recommendation (12/16/2025)
https://sahmeto.com/message/3991929

SwallowAcademy
Rank: 30684
Analytical Power:
1.2
Ethereum (ETH): $3,600 Is Realistic Target Here
Buy
Price at Publish Time:
$2,936.08

After a slight moment above the 200 EMA a week ago, the price failed to maintain that area and since then we have been basically moving lower and lower, eventually breaking the breakout area at $3000. What we are looking for now is a recovery of that $3000 zone, which is mandatory before aiming for the $3600 area. If we do not see it, then most likely we will see another dip to local lows, but we are more into the breakout scenario here! Swallow Academy
Source Message: TradingView