$ETHFI - Breaking Barriers! 🔥

Current Price: $1.672 (+8.29%)

24h High: $1.681 | 24h Low: $1.519

Volume: 14.52M (ETHFI) | 23.22M (USDT)

Technical Highlights

1. Moving Averages:

• MA(7): $1.647 (price holding above, signaling bullish momentum).

• MA(25): $1.589 (recent crossover supports the trend).

• MA(99): $1.566 (long-term support remains intact).

2. Trend:

• ETHFI is in a clear uptrend, with consecutive green candles and a breakout above the $1.65 resistance.

• Price consolidating near the high at $1.681 signals potential for continuation.

3. Volume Surge:

• Strong buying volume supports the rally, indicating significant interest from the bulls.

4. Support & Resistance:

• Resistance: Key level at $1.681 (24h high). A break above could lead ETHFI toward $1.70+.

• Support: Closest level at $1.647 (MA(7)) and stronger support at $1.589 (MA(25)).

5. Indicators:

• Momentum indicators suggest continued bullish strength but caution of possible consolidation near overbought zones.

Strategy

Bullish Bias:

• Entry on a breakout above $1.681 with targets at $1.70 and $1.75.

• Dip Buy: Accumulate near $1.647–$1.589 for the next leg higher.

Risk Management:

• Tight stop-loss below $1.589 to manage downside risk.

ETHFI looks set to soar higher—watch the volume and momentum for confirmation! 🚀

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