⚠️ $ETHFI /USDT – Sharp Pullback to Support! Will Bulls Hold the Line at $1.04?
$ETHFI is trading at $1.05, down 5.99%, nearing its 24h low of $1.038 after a rejection from $1.149. The price is now below all major moving averages, showing strong bearish momentum:
MA(7): 1.061 | MA(25): 1.098 | MA(99): 1.087
📉 Technical Breakdown:
– Reversal from $1.149 indicates heavy sell-off
– Price hovering above key support zone: $1.03 – $1.05
– Breakdown may extend losses toward $0.99–$1.00
– Strong trading volume: 28.39M ETHFI | 31.20M USDT, keeping volatility high
🔹 Short-Term Trade Plan:
Entry: $1.038 – $1.055
TP1: $1.075
TP2: $1.099
SL: $1.010
🔸 Long-Term Trade Plan:
Entry: $1.020 – $1.050
TP1: $1.130
TP2: $1.165
SL: $0.985
The $1.03–$1.05 zone is a key decision area. If buyers defend it, a technical bounce may follow. If it fails, a deeper dip could be next.
