$ETHFI
/USDT Technical Analysis & Trade Signals
Current Price: $1.977š„š„šÆ
Trend: Bullish (Price up by +6.12% in the last 24 hours)
Key Indicators:
Support Level: $1.816 (24h low)
Resistance Level: $1.981 (24h high)
24h Trading Volume: 11.69M ETHFI
Moving Average: The price is currently above the short-term moving average, indicating an upward trend.
RSI: Near 60, suggesting neutral to bullish momentum.
Trade Signals:
Bullish Momentum: The price has recently broken above the previous resistance level at $1.95, confirming a bullish breakout.
Potential Long Entry: If price sustains above $1.95, look for further upside momentum.
Targets:
Target 1: $2.00 (Psychological resistance, near the previous highs)
Target 2: $2.05 (Extended target, if bullish momentum continues)
Target 3: $2.10 (Higher target in the longer term)
Trade Momentum:
Strong Buying Interest: Increased volume and a positive price trend suggest continuing bullish momentum.
Watch for Pullback: Any decline below $1.90 may indicate a temporary pullback, where a retest of support ($1.816) could happen before continuing upwards.
Recommendation: Buy on pullbacks above $1.90, with targets at $2.00, $2.05, and $2.10.
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