#ETHBreaks4000
Technical analysis breakdown of the ASR/USDT
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📈 Trade Snapshot (as of August 8, 2025)
Current Price: 7.737 USDT
24h High / Low: 8.400 / 4.995 USDT
24h Change: +54.62% 🚀 (Strong bullish momentum)
Volume (24h):
ASR: 8.82M
USDT: 63.04M
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📊 Technical Indicators Observed
1. Moving Averages (MA)
MA(5): 1519.2
MA(10): 1400.3
MA(60): 7.797
🔎 Price (7.737) is just below MA60 (7.797)
→ Suggests possible short-term resistance near 7.8
→ If price closes above MA60, it's a bullish continuation signal
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2. Volume
Recent strong volume spikes seen during price surge
📊 Volume today: +20.61%
→ Confirming buyers’ strength
Uptrend confirmed by sustained high volume and green candles
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3. Trend Strength (Timeframes)
Today: +20.61%
7 Days: +46.39%
30 Days: +225.23%
90 Days: +344.21%
180 Days: +421.68%
📈 This is a strong long-term uptrend across all major timeframes.
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📌 Buy/Sell Signal
✅ Buy Signal Confirmation
Price pulled back slightly from 8.4 high but remains in uptrend
Short-term dips may be entry opportunities
If price breaks back above 7.80 and holds, it confirms bullish continuation
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🛡️ Suggested SL (Stop-Loss) and TP (Take-Profit)
Type Level (USDT) Reason
Stop-Loss (SL) 7.10 Below key support & recent price dip zone
Take-Profit 1 (TP1) 8.40 Recent high (safe target)
Take-Profit 2 (TP2) 9.20+ If breakout continues beyond resistance
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🧠 Strategy Suggestion
Entry: Around 7.70–7.75 (current level)
SL: 7.10 (to reduce risk in case of reversal)
TP1: 8.40 (conservative)
TP2: 9.00–9.20 (aggressive)
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⚠️ Risk Note:
After a +50% surge in 24h, some profit-taking may occur
Always manage position size and use SL strictly in volatile fan tokens