$ETHFI
/USDT Technical Analysis: Eyeing Key Price Targets 🎯
ETHFI/USDT is showing strong upward momentum, with a +32.17% surge over the last 24 hours. As we look at the charts, let's break down some crucial price levels to watch for the next moves.
Key Support & Resistance Levels:
1. Target 1 - Support at $1.800: A solid support level, providing a potential bounce point if the price retraces. Traders may look for entry opportunities around this level.
2. Target 2 - Resistance at $2.000: A crucial resistance zone, which ETHFI has been testing in recent hours. If the price breaks above, we could see further bullish momentum.
3. Target 3 - High at $2.022: The 24-hour high is a key target to watch. A breakout above this level may signal a continuation of the upward trend, possibly reaching new highs.
ETHFI has shown consistent buying pressure, but caution is advised as we near these key levels. Keep an eye on volume and market sentiment for signs of a potential breakout or correction. Stay updated and trade wisely!
This post incorporates technical analysis with clear price targets to engage Binance users and give them actionable insights.