📊 LONG Setup: #ETHFIUSD | $ETHF on 2‑Day 🔥
Ether.fi’s ETHFI token just broke its key chart pattern on the 2‑day timeframe — setting up for a solid long trade. Here’s a pro-ready plan 👇
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📍 Current Price
ETHFI is trading around $1.35–$1.37 USDT:
CoinMarketCap/CoinGecko average: $1.36 with a ~6% 24h gain
Binance Spot: approx $1.348–$1.352
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✅ Trade Setup
Entry Criteria
Price has cleared the 2‑day consolidation pattern (looks like a flag or triangle)
Ideal to open a long position upon daily/2‑day close above $1.38 on strong volume (confirming the breakout)
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🎯 Targets & Stop‑Loss
Level Price
Entry $1.38+
Stop‑Loss ~$1.25 (below pattern low)
Target 1 $1.60 (~15% gain)
Target 2 $1.90 (~40% gain)
This offers a clean R/R ratio of ~3:1 to 5:1 depending on your target.
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💡 Why This Setup Works
The breakout follows a well‑formed 2‑day chart pattern — a classic trigger setup
ETHFI is showing renewed momentum and volume strength, suggesting buyers are stepping in
Technical sentiment is shifting bullish, and reclaiming the $1.38 level may open the path toward the $1.60–$1.90 zone
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⚠️ Risks to Watch
Breakout could fail or get rejected if volume doesn’t support the move
Broader crypto market pullbacks can drag this down
Any negative news on Ether.fi could shake confidence quickly
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🧭 Quick Recap
Entry: Long above $1.38 close
Stop‑Loss: ~$1.25
Targets: $1.60 → $1.90
R/R: ~3:1–5:1 – strong potential if setup holds
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🔥 Bottom Line:
ETHFI just flipped bullish with that 2‑day breakout. If it closes decisively over $1.38, it’s a well‑defined long trade with solid upside and controlled risk. Just keep an eye on volume and broader market behavior.
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