$ETHFI /USDT BEARISH SETUP – STRUGGLING BELOW $1.00 PSYCHOLOGICAL LEVEL 🔻

📌 Current Price: $0.945 (-7.89%)

📈 24H High: $1.040

📉 24H Low: $0.928

📊 Volume (ETHFI): 18.66M

💵 Volume (USDT): 18.47M

🔗 Category: DeFi

🔍 TECHNICAL OVERVIEW (4H & 1D TIMEFRAMES)

has retraced sharply from the $1.04–$1.08 zone, with the price now holding just above the key support at $0.928. The market structure is turning bearish, and unless the price reclaims the $0.980–$1.00 resistance area, continuation to the downside is likely.

The current price is below all critical short-term EMAs, signaling weakness. Bulls need to step in fast, or bears will take control for another leg down.

🔑 KEY LEVELS TO WATCH:

Support Zones:

🔻 $0.928 – Immediate support (24H low)

🔻 $0.900 – Psychological level & round number

🔻 $0.860 – Previous consolidation zone

Resistance Zones:

🔺 $0.980 – Nearest short-term resistance

🔺 $1.000 – Psychological barrier

🔺 $1.040 – 24H high and major supply zone

⚔️ TRADE SETUP (SHORT):

🔽 Entry Zone: $0.945–$0.955 (current level or failed bounce)

🎯 TP1: $0.910

🎯 TP2: $0.880

🛑 SL: $0.985 (above key resistance)

> 🧠 Confirmation Tip: A 1H or 4H candle close below $0.928 with high volume strengthens the short entry probability.

⚖️ RISK MANAGEMENT:

Use only 2–3% capital per trade

Stick to Risk:Reward ≥ 1:2

Avoid entries if strong green candle closes above $0.985

📈 SUMMARY:

$ETHFI is bearish below the $1.00 mark, with price rejecting multiple times from the $1.04+ region. If support at $0.928 is lost, a drop toward $0.900 and $0.860 is very likely. Only a reclaim of $1.00+ with volume would flip the bias short-term bullish.

Downtrend active – monitor for breakdown or fakeout traps around $0.928.

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