a slight drop of 0.60% in the last 24 hours.
*Technical Analysis:* ๐
- *Bullish Candle:* The 1-hour chart shows a bullish candle with a long upper shadow, oscillating around $4,150.
- *Moving Averages:* MA5, MA20, and MA60 are still supporting above the price, indicating a bullish direction.
*Trading Suggestion:* ๐
- *Buy on Retracement:* Buy at $4,120-$4,140, with a target of $4,250 and potentially $4,300 if broken.
*Market Outlook:* ๐ฎ
- *Resistance Zones:* $4,100 and $4,200 are key resistance zones to watch.
- *Support Zones:* $4,000 is a crucial support zone to maintain the bullish trend.
*Current Market Cap:* ๐ฐ Ethereum's market cap is $484.68 billion, with a circulating supply of 120.7 million ETH.ยน
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