💡 Quick technical analysis:
✅ Dramatic Rise! ETHFI surged from a low of $0.96 to $1.657 within hours – an increase of over 70%!
✅ Strong buying momentum! The price broke the previous resistance at $1.54 and is currently establishing itself above it at $1.64.
✅ RSI indicates strong movement! The RSI is at 82.7 – has entered the overbought zone, reflecting strong upward momentum, but caution is also warranted.
✅ MACD in a bullish crossover! The lines crossed positively, and momentum is rising – a confirmed signal for continued upward trend.
✅ Significant volume influx! Trading volume has sharply increased, supporting the validity of the current breakout.
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🚀 Expected scenario:
If ETHFI can maintain support at $1.54, a breakout above $1.70 could take us to new targets around $1.90 and then $2.10!
In case of a correction, the $1.38 - $1.42 range could provide strong support and a chance for re-entry.
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🔥 Did you miss the launch? Don’t worry!
The upward wave may just be beginning, especially with increasing technical momentum and inflated trading volumes. Monitor the movement and wait for a retest of support for a safer entry.
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📢 Do you think ETHFI will reach $2.00 in the coming days? Share your opinion! 🚀👇
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Quick tips:
Monitor trading volumes: If they continue to rise, we may see further upward movement.
Watch the RSI: Staying above 70 for an extended period may lead to a temporary correction.
