$ETHFI Is the Rally Just Cooling Off or Prepping for the Next Run?
$ETHFI just delivered a strong move in the last 24 hours, reaching as high as $1.29 before pulling back to $1.05. While that might look like a dip, the chart is telling us something interesting.
What’s Happening on the Chart?
The price surged hard but is now in a cooling phase, hovering around $1.05.
A descending triangle pattern is forming, hinting at a possible breakout — or breakdown — soon.
Short-term moving averages (like the 7-day and 25-day) are sitting just above current price, acting as resistance.
Long-term support is still strong near $0.78, which gives bulls a cushion.
What Could Happen Next?
If it breaks above $1.08 with strong volume, ETHFI could quickly move back up toward $1.15 to $1.29.
If it fails to hold $1.04, we could see a dip to $0.90 or even $0.78 short term.
Pro Tips:
Watch for a breakout above $1.08 – it could be the signal to ride the next wave.
Use tight stop-losses below $1.02 to manage risk.
Volume is key – a breakout without volume is a fakeout.
Summary: ETHFI is at a decision point. Traders should stay alert — the next move could be fast and decisive.
do your research before trading thank you.
trade here:$ETHFI