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ETHUSD, daily chart
ETHUSD rebounded above EMA21 and the ascending channel's breakout zone. The price remains in an uptrend, with higher swings and a widening gap between the bullish EMAs.
If ETHUSD sustains its bullish momentum, the price could approach the psychological resistance at 4000.
Conversely, a break below the support at 3300 and returning within the channel could prompt a deeper retracement toward the following support at 2850.
ETHUSD rebounded above EMA21 and the ascending channel's breakout zone. The price remains in an uptrend, with higher swings and a widening gap between the bullish EMAs.
If ETHUSD sustains its bullish momentum, the price could approach the psychological resistance at 4000.
Conversely, a break below the support at 3300 and returning within the channel could prompt a deeper retracement toward the following support at 2850.
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🍽️ What’s the company behind the weight-loss drug Mounjaro™ that’s got investors and traders hungry for more?
Eli Lilly and Company—often referred to as Lilly—is the pharmaceutical giant behind Mounjaro™ and Zepbound™ (tirzepatide), a weight-loss and diabetes treatment that’s storming the markets. Since early 2020, Lilly’s stock has soared over 300%. When Mounjaro was first approved in May 2022, shares were trading at 284.14 USD. Today, they're hovering near 640.00 USD.
According to MarketWatch, Eli Lilly’s stock is down approximately 17% in 2025 (YTD), but the long-term bullish outlook remains strong, driven by the surging demand in the obesity drug market. From a fundamentals perspective, Lilly now holds a 685 billion USD market cap. Over the past 12 months, it has generated 49 billion USD in revenue, with 20 billion USD in operating profit and 11 billion USD in net income.
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Eli Lilly and Company—often referred to as Lilly—is the pharmaceutical giant behind Mounjaro™ and Zepbound™ (tirzepatide), a weight-loss and diabetes treatment that’s storming the markets. Since early 2020, Lilly’s stock has soared over 300%. When Mounjaro was first approved in May 2022, shares were trading at 284.14 USD. Today, they're hovering near 640.00 USD.
According to MarketWatch, Eli Lilly’s stock is down approximately 17% in 2025 (YTD), but the long-term bullish outlook remains strong, driven by the surging demand in the obesity drug market. From a fundamentals perspective, Lilly now holds a 685 billion USD market cap. Over the past 12 months, it has generated 49 billion USD in revenue, with 20 billion USD in operating profit and 11 billion USD in net income.
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