$ETHFI DeFi Breaks Resistance with Predicted Momentum! 🚀
On the 4h timeframe, $ETHFI currently at $0.607, up by a solid +3%! The 24h high is $0.625, with a volume of 16M ETHFI and 9M USDT. The RSI is elevated at 67, indicating sustained buying pressure after the predicted breakout.
✅ Key Observation:
#ETHFI has broken above the resistance level around $0.592, confirming the predicted bullish momentum in the DeFi sector.
next Next Potential targets:
🎯 $0.625 (24h high - immediate resistance)
🎯 $0.650 (potential next resistance level)
🎯 $0.700 (further potential resistance if momentum continues)
🛡️Important Support Level (to watch for potential pullback):
🛡️ $0.592 (previous resistance turned potential support)
🛑 Stop Loss: Consider a stop loss around $0.585 to protect gains after the breakout.
📈 **Potential Price Path in the Next Days:**
#ETHFI has successfully broken above the $0.592 resistance level, confirming the anticipated upward momentum in the DeFi sector. The immediate target is the 24-hour high of $0.625. A sustained push beyond this could lead to further gains towards the $0.650 and $0.700 resistance levels. The confirmed breakout suggests continued positive movement, but be prepared for potential retests of the previous resistance as new support.
Buy and trade here on $ETHFI