$ETHFI /USDT on the 1-day timeframe. Here's a quick breakdown:
Current Price: $0.446 (+1.36%)
24h Range: Low $0.431 | High $0.455
Volume: 4.02M ETHFI / 1.78M USDT
Trend: The price recently bounced after a series of red candles, suggesting a possible short-term reversal or consolidation.
Support Area: Around $0.43
Resistance Area: Around $0.50
The bounce could hint at accumulation or a relief rally, but we’d need confirmation with stronger volume or a breakout above $0.50 for a bullish continuation.
ETHFI/USDT chart
Signal: ETHFI/USDT
Type: Short-term Buy
Entry: $0.445 - $0.450
Target 1: $0.475
Target 2: $0.500
Stop-loss: $0.428
Analysis:
ETHFI has shown signs of a potential reversal after holding support around $0.43. A green daily candle with increasing volume suggests buying interest. A break above $0.45 could confirm bullish momentum toward the $0.50 resistance zone.
Risk/Reward: Moderate
Timeframe: 1-3 days