sohamraorane

$ETH
Analysis – 1hr Chart
Ethereum is trading at $1,770.42, down 1.43% on the day. Despite the dip, ETH has shown a strong bullish rally from the $1,560 zone, gaining over $200 before facing mild resistance.

We’re now seeing healthy consolidation near the $1,770 level after a parabolic move. If bulls hold above $1,740, we could see another leg up targeting $1,800+.
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Key Levels to Watch:-
Support: $1,720 / $1,680
Resistance: $1,800
Momentum: Still bullish unless $1,680 breaks.
#ETHBreakout

$BTC – 1hr Chart
Bitcoin is currently trading at $93,124, showing a -0.70% drop on the day. After dipping close to the $91,500 mark, BTC has shown strong buying interest, bouncing back with a notable recovery. The price is now forming a potential inverse head and shoulders pattern, hinting at a bullish reversal if the neckline around $93,500 is broken with volume.
Support: $91,500

Resistance: $93,500 (neckline)

Buy Zone: On pullbacks near $92,000
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Breakout Alert: Watch for a breakout and retest above $93,500 for continuation.
If BTC clears this resistance, we could see a push towards $94,000+. Stay cautious of fakeouts in this choppy zone.

$BTC Approaching Key Resistance – Breakout or Fakeout?
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Bitcoin is hovering around $85,080, facing strong resistance at $85,018–85,635. This level has been rejected 3 times.

Here’s what I’m watching:

Bullish Scenario: A clean breakout above $86,500 with volume could push BTC toward $86,500–$90,000

Bearish Scenario: Rejection from this zone might drop BTC back to $83,000 support.

RSI is nearing overbought, but open interest is rising, which could fuel a strong move either way.

My Gameplan:
Waiting for a 4H candle close above $86,500 before going long. No FOMO.

What’s your bias – Long or Short?