Here’s a technical summary and analysis for $ETH

/JPY

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🟦 ETH/JPY Snapshot

Current Price: ¥438,123

USD Equivalent: ~$2,983.06

24h Change: +6.46%

24h High / Low: ¥445,140 / ¥404,750

24h Volume:

ETH: 4,764.48

JPY: ¥2.01 Billion

📈 Price Trend & Momentum

Indicator Value Signal

MA(5) 180.13 ETH Neutral

MA(10) 183.24 ETH Slightly decreasing

Volume 29.35 ETH Low relative to MA

Momentum Strong upward (6.46% gain) ✅ Bullish

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📉 Key Support and Resistance Levels

Type Price (JPY)

🔼 Resistance 1 ¥445,140 (24h high)

🔼 Resistance 2 ¥448,129 (order depth wall)

🔽 Support 1 ¥421,828

🔽 Support 2 ¥408,678

🔽 Major Support ¥404,750 (24h low)

🔽 Deep Support ¥395,528 → ¥385,366

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🔍 Technical Analysis Summary

Short-Term Trend: Bullish breakout above ¥430,000 with sustained momentum.

Volume: Decent, though trailing below moving average volume.

Support Strength: ¥421k looks solid for near-term pullbacks.

Resistance: ¥445k may act as short-term top unless momentum increases.

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📊 Trade Scenarios

Strategy Entry Zone Target Stop-Loss

Pullback Buy ¥420k–¥430k ¥445k–¥460k ¥410k

Breakout Trade Above ¥448k ¥470k+ (aggressive) ¥438k

Scalp Range ¥434k–¥445k Small 1-2% moves Tight below ¥430k

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⚠️ Risk Notes

Volatility Warning: 24h range over ¥40k — sharp intraday swings are possible.

Overbought Zone Possible: After 6%+ rally, watch for consolidation or reversal.

Global ETH News: Price may be affected by USD movements or Ethereum upgrades/events.

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