$ETHFI - Deep Dive: Ascending Channel Breakout Imminent?
Examining the hourly $ETHFI chart reveals a well-defined ascending channel forming over the recent period. Price is currently testing the upper trendline around $0.856, coinciding with the 24h high of $0.857.
A decisive breakout above this level, accompanied by significant volume (currently at 27.08M), could signal strong bullish continuation. This pattern, often indicative of accumulation and upward pressure, suggests potential for substantial gains.
Keep a close watch for confirmation!