đŸ”„ Ethereum Charging Toward a Breakout! đŸ”„

Current Price: $4,218

Day Range: $4,171 – $4,315

Trend: Bulls in Full Control 🐂

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📊 Technical Heat Check

MA Power-Up: Price well above 20, 50, 100, and 200-day MAs — clear bullish highway.

Momentum Madness: MACD glowing green, volumes spiking — big money is in play.

RSI Overdrive: Sitting in the low-80s — overbought but in a "strong uptrend zone".

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📐 Chart Patterns in Focus

Bull Flag Formation → Signals continuation of the rally.

$4,000 Barrier → Critical resistance zone
 break it, and sky’s the limit!

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🎯 Price Scenarios for August 11

Scenario Target Range What’s Needed

🚀 Bullish Breakout $4,200 – $4,300+ Strong close above $4,000 with high volume

⏾ Sideways Chill $4,000 – $4,050 Resistance holds, consolidation in tight band

📉 Quick Dip $3,900 – $3,920 Rejection at resistance + profit-taking

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⚡ Key Takeaways

Eyes on $4,000 — this is the gatekeeper for the next leg up.

Momentum is king — RSI overbought doesn’t kill rallies in strong trends.

Volume confirms moves — watch for big spikes as the breakout attempt happens.

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💡 Pro Tip: If ETH smashes through $4,000 with force, August 11 could be the launchpad toward $4,300 and beyond.