ETHFI/USDT: Parabolic Pop or Fake Pump?

Price: $0.7084

24H High/Low: $0.7685 / $0.5029

24H Change: +39.39% (Volatility spike)

Technical Breakdown:

1. Parabolic Rally Observed:

ETHFI just exploded 40% in under 24 hours, smashing through prior resistance zones.

This move came with huge green candles and almost no retracement = unsustainable.

2. Blow-Off Top Signal?

Price touched $0.7685, then wicked down hard = possible early distribution phase.

A massive vertical candle after a downtrend is often a dead cat bounce trap.

3. Volume Surge + Compression Forming:

Post-pump, price is hovering near $0.71–0.73 with lower volume.

Consolidation or a reversal is likely to follow if no continuation volume steps in.

Key Levels to Watch:

Immediate Resistance: $0.765 – $0.78

Support Zone: $0.66 – $0.68

Breakout Above: $0.78 = New rally to $0.85

Breakdown Below: $0.66 = Crash risk to $0.59 or lower

Most Probable Scenario:

Pullback Incoming

Unless ETHFI flips $0.76 into support with strong volume, expect a quick pullback to the $0.66–$0.62 region before continuation or rejection.

Scalp Short Setup:

Entry: $0.72 – $0.75

Target 1: $0.68

Target 2: $0.61

Stop Loss: $0.785

Risk/Reward: 1:2+

Confirmation: Sharp 15–30 min candle rejection near $0.74–$0.75

Final Word:

This breakout was loud — but was it real or bait? ETHFI is in the spotlight, but without follow-through, the risk of a dump rises fast.

Stay alert. Big moves always trap late bulls.

Follow for sniper entries, altcoin momentum alerts & breakout fakes!

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