$ETH #BinanceAnalysis #HotCoin 🟢 Trend Direction:
Bullish — Strong uptrend visible with higher highs & higher lows. Price is trading above all major moving averages (MA7, MA25, MA99), confirming upward momentum.
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🔑 Key Levels:
Support: ₹3,845 • ₹3,791 • ₹3,739
Resistance: ₹3,942 (24h high) • Psychological resistance at ₹3,950–₹3,960
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Volume Strength:
Volume has picked up significantly in the last 4–6 hours, confirming buyer interest.
Bullish candles are supported by strong volume spikes — validating the rally.
Volume trend remains elevated vs. past averages.
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Notable Candlestick Patterns:
Last candle shows a bearish rejection wick near ₹3,942 — a potential short-term pullback signal.
No reversal patterns confirmed yet, but monitor next 1–2 candles for continuation or correction.
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Indicators (from visible data):
MACD/RSI not shown, but price action and volume indicate strong bullish momentum.
MA cluster (7, 25, 99) is stacked bullishly and widening — trend strength increasing.
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Final Recommendation:
Wait for a minor pullback (~₹3,845–₹3,860 zone) for better entry. Avoid buying into short-term exhaustion at resistance.
📌 Short-Term Bias: BUY on dip | Watch ₹3,942 breakout
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TL;DR:
🔥 Bullish trend with strong volume. Short-term resistance hit; wait for dip to re-enter.
#BuyTheDip #CryptoTrading #TrendAnalysis