$ETHFI /USDT – Rejection Zone Reached, Short Setup in Play

ETHFI has climbed back into a strong resistance range near $0.528, a zone that previously triggered heavy selling. Price is now stalling with wicks forming, suggesting rejection and a potential pullback setup.

Current Price: $0.517

Resistance Zone: $0.525 – $0.528

Support Zone: $0.494

Short Trade Setup:

Entry: $0.517 – $0.522

TP1: $0.505

TP2: $0.498

Final TP: $0.494

Stop Loss: $0.528

Why This Setup Makes Sense:

ETHFI is failing to hold higher levels after strong upside. The multiple rejections in the resistance zone point to weakening buying pressure and potential reversal.

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