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$ETHFI /USDT ā Recovery or Rejection Ahead? š§
$ETHFI just surged +10.10%, pushing back above key support. With volume spiking and volatility expanding, is a new trend brewing or is this a fakeout? Letās break it down š
š Market Overview
š Current Price: $1.385
š 24h High: $1.529
āļø 24h Low: $1.258
š Moving Averages:
MA(7): $1.392
MA(25): $1.395
MA(99): $1.266
š RSI(6): 42.99 (Neutral-bearish, slightly recovering)
š MACD: Signs of short-term crossover; watching momentum closely
š 24h Volume:
ETHFI: 60.12M
USDT: $84.61M
š ETHFI Trade Setup ā Key Levels to Watch
š¹ Bullish Scenario (If ETHFI Holds $1.38+):
Entry: Above $1.40 with rising volume
Targets: $1.47, $1.52, $1.60
Stop-Loss: $1.34
š¹ Bearish Scenario (If Price Slips Below $1.34):
Entry: Below $1.34 on breakdown
Targets: $1.29, $1.26 (MA99), $1.20
Stop-Loss: $1.42
š Key Analysis
ā
Price holding near 7/25 MA convergence ā critical zone for next trend
ā
MA(99) support remains intact, acting as a medium-term floor
ā ļø RSI under 50 = no confirmation of bullish trend yet
ā ļø Sharp rejection near $1.53 signals local resistance
š” Pro Tip:
Volume spikes + RSI rising above 50 = potential breakout trigger.
MACD flip could front-run momentumāstay sharp!
š¢ Whatās your play? Buying the dip or waiting for breakout confirmation?
š¬ Drop your thoughts below & tag a trader who needs to see this š
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$ETHFI #ETHFI #Altcoins #CryptoTrading #Binance #Write2Earn