Analysis of ETHFI/USDT

The current price of ETHFI/USDT is 2.177, up 1.82% in the last 24 hours, indicating a recovery move after a previous decline.

Technical Analysis:

1. Price Volatility:

24h High: 2.300

24h Low: 2.033

The current price is fluctuating between the MA lines, reflecting a tug-of-war between buyers and sellers.

2. Technical Indicators:

MA(7): 2.173, the price is currently trading above this line, providing short-term support.

MA(25): 2.211, a nearby resistance level to watch as the price tests.

MA(99): 2.132, providing medium-term support.

3. Trading Volume:

24h Volume: 17.79M, indicating moderate trading participation, not yet breakthrough.

4. Support and Resistance:

Support: 2.150 and 2.100.

Resistance: 2.220 and 2.300.

Trading Strategy:

1. Entry Point:

Buy if the price surpasses 2.220 with high volume and clear upward momentum.

Consider accumulating around 2.150 if there are strong support signals.

2. Take Profit:

Short-term: 2.300.

Medium-term: 2.400 if the uptrend continues.

3. Stop Loss:

Set a stop loss at 2.100 to minimize risk if the price drops sharply.

4. Note:

Monitor volume and price behavior at resistance/support levels.

Consider overall market volatility before entering large orders.

Hashtags:

#ETHFIUSDT #CryptoAnalysis #DeFi #Trading