$ETHFI 🟡 1 Day (D1) Chart Analysis:

🔍 Observations:

• Strong rally from $0.415 (Weekly) to $1.657, followed by correction and sideways movement.

• Currently near $1.20, holding above 10MA and previous support.

• RSI(6): 44.16 – weak, but not oversold (so room for bounce exists).

• MACD: Bearish crossover recently, showing declining momentum.

• Volume dropping = indecision phase.

📈 Bullish Scenario:

• Break above $1.26–1.30 (previous daily highs) could send it back to:

• Target 1: $1.45

• Target 2: $1.65 (strong resistance zone)

• Look for spike in volume and RSI above 50 to confirm bullish continuation.

📉 Bearish Scenario:

• If price drops below $1.15, then possible retest of:

• Support 1: $1.05

• Support 2: $0.90 zone

$ETHFI