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

MMBTtrader
ETHUSDT The major Fib support is holding Strong

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))
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