🚀 $ETHFI : A Breakout in the Making? 🚀
$ETHFI is currently resting on the support of a Falling Wedge formation on the daily chart. This setup is historically a bullish reversal pattern, indicating that a major breakout could be on the horizon! 📈🔥
What’s Happening?
🔹 The price is respecting the wedge support, showing signs of accumulation.
🔹 A bounce from this level could lead to a powerful 120-130% rally in the midterm.
🔹 Volume buildup suggests that buyers are getting ready to push higher.
Key Technicals to Watch:
✅ Falling Wedge Resistance – A confirmed breakout will trigger a bullish move.
✅ Support Holding Strong – As long as the wedge support is intact, upside potential remains strong.
✅ Momentum Indicators – RSI and MACD are showing early signs of trend reversal.
Potential Upside Targets:
🔹 First breakout move: +50% gain
🔹 Full wedge breakout: 120-130% upside in midterm
🚀 If the breakout happens, we’re looking at an explosive rally! 🚀
