$ETHFI - Testing Critical Support!
$ETHFI is currently trading at $2.038, marking a -3.87% drop in the last 24 hours. The price action shows ETHFI retesting a significant support zone, indicating a potential reversal or a breakdown scenario.
Key Levels to Watch
1️⃣ Support Zone: ETHFI is holding near the $2.020-$2.050 region, a crucial demand area that has provided support in previous sessions.
2️⃣ Resistance Levels: Immediate resistance lies at $2.100-$2.150. A breakout above this range could signal bullish momentum.
Potential Scenarios
Bullish Rebound: A strong bounce from the support could push the price toward $2.100 and eventually to $2.150, offering an opportunity for long trades.
Bearish Breakdown: A close below the $2.020 support could lead to a sharper decline, with the next target near $1.980.
Trading Tips
Long Entry: Consider entering above $2.050 with targets at $2.100 and $2.150. Use a tight stop-loss below $2.020.
Short Entry: If the price closes below $2.020, look for shorting opportunities with a target at $1.980.
Volume Analysis: Watch for a volume spike to confirm the next major move.
This is a critical moment for ETHFI traders. Whether it rebounds or breaks down, the next move could set the tone for the short-term trend.
#ETHFI🔥🔥🔥 #CryptoSignals #ETHFIUSDT