$ETHFI Trading Signals for Today
Action: Buy
TP1: $2.05
TP2: $2.25
SL: $1.75
ETHFI has shown strong upward momentum in the last 24 hours (+24.71%) and the past 7 days (+22.18%), indicating a bullish trend.
Volume: The 24-hour trading volume of $397.65M demonstrates significant market interest, supporting upward price action.
Resistance Levels: The current high of $2.021066 is a key resistance. Breaking this could push the price towards $2.05 or higher, possibly $2.25.
Support Levels: The 24-hour low of $1.423524 suggests solid support around $1.75, where a stop-loss should be placed to manage downside risk.
Market Sentiment: Despite the slight 1-hour dip (-0.33%), the overall weekly and monthly performance reflects a strong uptrend.
Note: Ensure risk management practices are in place. Use the stop-loss (SL) to protect capital and adjust take-profit (TP) levels based on price action and trading strategy. DYOR!
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