$ETHFI /USDT has broken out of a descending triangle pattern on the daily timeframe, signaling a potential bullish reversal. This technical pattern is often viewed as a precursor to upward momentum, suggesting that the market may shift in favor of buyers. With strong buying pressure and a favorable breakout, ETHFI could push towards the $5.00 to $5.50 range in the medium term, offering a promising setup for traders.
Price could target $5.00 - $5.50 following the breakout.
Increased buying pressure is likely to support a sustained bullish move.
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