$ETHFI
/USDT Technical Analysis🔥💯
Current Price: $2.07
Trend: Bullish (Price increased by +7.52% in the last 24 hours).
Key Levels:
1. Support Level: $1.85 (24h Low)
2. Resistance Level: $2.08 (24h High)
Trade Signal:
Momentum: Strong upward momentum observed, supported by a positive price movement of 7.52% in the last 24 hours. The asset is currently trading near the resistance zone of $2.08. Watch for breakout or consolidation signals.
Target Levels:
1. Target 1: $2.12 (Immediate resistance zone, where price could face a pullback or continuation).
2. Target 2: $2.20 (Potential level after breakout of $2.12 resistance).
3. Target 3: $2.35 (Next major resistance level as momentum continues).
Trade Action:
Buy Signal: If the price maintains above $2.08 and shows steady upward momentum, buy near the support or breakout point.
Stop-Loss: Set around $1.85 for risk management.