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Technical analysis by MMBTtrader about Symbol ETH: Buy recommendation (12/18/2025)

https://sahmeto.com/message/3997156
MMBTtrader
MMBTtrader
Rank: 31291
1.1

ETHUSDT The major Fib support is holding Strong

Buy
Price at Publish Time:
$2,968.7
Buy،Technical،MMBTtrader

As observed on the chart, Ethereum is currently testing a critical support confluence consisting of two major levels: 1. $2,800 – aligning with the 0.786 Fibonacci retracement level on the daily timeframe. 2. $2,450 – representing a significant weekly trendline support. Should this support zone hold, we may anticipate a bullish reversal, potentially driving the price back toward the $3,500 resistance area. A decisive breakthrough above $3,500 would then set the stage for a challenge of the major descending trendline resistance visible on the chart. A sustained break above this trendline resistance, especially if coupled with Bitcoin maintaining strength above $110,000, could signal the beginning of a new bullish phase, with a subsequent test of previous highs becoming increasingly probable. DISCLAIMER: ((trade based on your own decision)) <soon pump will start for $ETH.

Source Message: TradingView
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