🚨 $ETHFI /USDT Technical Analysis: Momentum Rebuilding – Key Levels in Focus! 🚨
$ETHFI is currently trading at $1.842, surging 23.54% in the last 24 hours. The price recently reached a high of $2.034, indicating potential for further gains.
💡 Key Resistance Levels:
$2.03: Immediate resistance. A breakout could signal renewed bullish momentum.
$2.10: A critical level to confirm a short-term rally.
$2.20: Another key milestone for continued upward movement.
💡 Key Support Levels:
$1.73: Strong support critical to maintaining bullish sentiment.
$1.60: Deeper support to watch for any retracements.
🎯 Trade Strategies:
Bullish Play: Enter near $1.73 with targets at $2.03, $2.10, and $2.20. Set stop-losses just below $1.73.
Bearish Play: Look for a break below $1.73 to target $1.60.
🔥 Market Insights:
RSI: At 31.69, signaling potential for a reversal.
MACD: Consolidation phase suggests preparation for the next significant move.
Track $ETHFI as it approaches key levels momentum is rebuilding!