On the H1 chart for ETHUSD, the price has been consolidating within a narrow range between 1685.78 and 1750.65 since the downtrend paused at 1685.78. The recent close at 1712.84 (1781838000) breaks above the key support level of 1685.78, signaling potential bullish momentum. Volume has been relatively low during the consolidation phase, but the recent candle shows a notable increase, suggesting accumulation or a shift in sentiment. The price is now testing the upper boundary of the range, with the close near 1712.84 indicating strength above the prior low. This setup aligns with a potential breakout pattern, where the price…

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