#ETH🔥🔥🔥🔥🔥🔥
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Trend Direction: Bullish
Price is making higher lows and higher highs, indicating short-term bullish momentum.
All key moving averages are aligned upward:
MA(7): 3,757.77
MA(25): 3,748.23
MA(99): 3,685.95
Price is currently above all moving averages, which confirms bullish bias.
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Key Support & Resistance Levels
Support Zones:
3,763.14 (recent breakout level)
3,720.58 (historical range support)
3,685.95 (MA99 – strong dynamic support)
Resistance Zones:
3,796.02 (24h high and current local top)
3,805.70+ (psychological & unseen top resistance)
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Volume Strength & Movement
Recent green candles are backed by above-average volume, showing strong buyer interest.
Volume bars from the last few hours are rising, signaling that the bullish move has support.
Volume MA(5) and MA(10) are starting to tilt upward.
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Candlestick Pattern
The latest candle is a strong bullish engulfing, breaking prior highs.
This suggests momentum continuation, especially if the next candle closes above 3,796.
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RSI / MACD (Inferred)
MACD tab is present but values aren’t visible; however:
Based on price vs MA behavior, MACD is likely in bullish crossover mode.
RSI is likely approaching the 65–70 range, suggesting strong momentum but not overbought yet.
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📌 6. Final Recommendation: ✅ Buy on Breakout Confirmation
Short-Term Traders: If price closes above 3,796.02 with continued volume, this is a breakout confirmation, and entry could target 3,820–3,850+.
Use tight stop-loss around 3,763–3,748.
Caution: If price fails to hold above 3,796, wait for a pullback and retest before entering.
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📢 Summary for Posting:
> 🚀 Hot Coin 1H Analysis
✅ Trend: Bullish
🧱 Support: 3,763 | 3,720
🔼 Resistance: 3,796 | 3,805+
📊 Volume backing breakout
🕯️ Bullish engulfing confirmed
📈 Recommendation: Buy on breakout above 3,796 with SL near 3,748