š $ETHFI /USDT Technical Outlook
Current Price: $1.327 š
Trend: Price is holding above the 25 & 99 MA ā short-term bullish bias remains.
šÆ Targets:
1ļøā£ $1.48 ā First major resistance zone (short-term profit taking likely)
2ļøā£ $1.72 ā Previous swing high & breakout confirmation
3ļøā£ $2.05 ā Key psychological & historical resistance
š” Support Levels:
$1.24 š ā First defense (7 MA)
$1.15 ā Strong horizontal support from past consolidations
ā” Momentum: If bulls maintain volume above $1.48, momentum could accelerate toward $1.72 quickly. A daily close below $1.24 would weaken the setup.
š Bias: Bullish š ā but watch $1.48 breakout for confirmation.