*ETHFI/USDC Analysis: A Mixed Bag of Signals*
The 1-hour chart for ETHFI/USDC presents an intriguing scenario, with the price hovering above the 50 EMA and the 50 EMA positioned above the 200 EMA, indicating a bullish undertone.
*Key Observations:*
- Price: Above 50 EMA, with 50 EMA above 200 EMA, suggesting upward momentum
- 15-minute RSI: Near 48, indicating potential bearish lean
- 1-hour RSI: 51.51, showing neutral to slightly bullish sentiment
*Potential SHORT Entry:*
- Trigger: Break below 0.955, with 15-minute RSI under 50
- Target: 0.9268
Traders, stay vigilant! The mixed signals and potential for a short-term move make this setup worth watching.
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