$ETHFI USDT Analysis
Current Setup: Price is trading within a rising channel on the 1H chart, signaling a bullish continuation trend.
Key Levels to Watch:
Long Entry: Above 2.85 for confirmation.
Targets:
🎯 2.95 (First Target)
🎯 3.05 (Second Target)
Stop Loss: Below 2.79 to manage downside risk.
Market Bias:
A breakout above the upper trendline could trigger stronger momentum and accelerate the bullish move.
However, a breakdown below the support trendline could invalidate this setup and shift sentiment bearish.
Current Price: 2.833 (+1.14%)
Outlook: Bullish as long as the rising channel holds. Monitor for volume confirmation and breakout signals.