$ETHFI Showing Modest Daily Gains but Experiencing a Pullback on the 4-Hour Chart! š
$ETHFI is currently trading at $0.580, marking a modest +3.20% increase over the last 24 hours. However, the most recent 4-hour candle shows a pullback of -1.86%, indicating some short-term profit-taking or consolidation after the recent upward movement.
š Key Observations:
ā¬ļø 24h High: $0.595
ā¬ļø 24h Low: $0.558
š° Current Price: $0.580
š Today's Performance: -1.03%
š“ Recent 4h Change: -1.86%
š¤ What to Watch Closely?
The $0.575 level appears to be acting as near-term support. If this level holds, we could see a continuation of the 24-hour bullish trend, potentially aiming for the 24-hour high of $0.595 and beyond. A break below $0.575 could lead to further consolidation or a retest of lower support levels. Keep an eye on trading volume to confirm the strength of any potential bounces.
ā ļø While the overall trend seems positive for the day, be mindful of short-term fluctuations. Trade responsibly and manage your risk.
