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Duoduo 12.8 ETH Market Analysis (Personal Opinion, Open for Discussion)
Upper resistance: 3148.86-3150 strong resistance. If a breakout pulls back to 3125, then look for 3169-3171 (watch out for false breakouts).
Lower support: 3110 is a strong short-term support; as long as it holds, the outlook remains bullish.
Hourly range:
Bullish range: 3130-3148
Bearish range: 3110-3090
First support: 3110
Second support: 3080
First resistance: 3148
Second resistance: 3160
Short position entry suggestion: 3160-3170
Stop loss: 16 points
Take profit: 3130-3120
Long position entry suggestion: 3120-3130 pending orders, stop loss 16 points
Take profit: 3148-3170-3180
Daily timeframe overall outlook remains bullish. Focus on building long positions for the medium to long term.