🔥$ETH /JPY, incorporating potential target levels based on the provided chart:🔥🚀‼️
🚀 $ETH /JPY: Charting the Next Ascent! 📈
The ETH/JPY pair is showing strong momentum on the 4-hour chart, currently trading at ¥449,865! With a 24h high of ¥453,657 and a low of ¥432,816, the bulls are clearly in control, pushing for higher highs.
Key Observations:
Bullish Trend:
A clear upward trend is visible, with higher lows forming, indicating sustained buying pressure.
Volume Confirmation:
The recent surge is backed by significant volume, suggesting strong conviction behind the move.
Potential Targets to Watch:
🎯Target 1: ¥458,000: – A psychological resistance level and a retest of recent highs.
🎯Target 2: ¥465,000: – Building on the current momentum, this could be the next significant resistance zone.
🎯Target 3: ¥475,000+: – If the bullish trend continues with strong volume, a push towards these higher levels is plausible.
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