ETHFI/USDT Monthly Chart Update | Dead Cat Bounce or Reversal?
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Price: 1.261 (+8.15%)
24H High: 1.297
24H Low: 1.143
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Technical Overview (1M Chart):
RSI (6): 34.49 → Trying to recover from oversold
MACD: Not yet crossing, but flattening
Volume: Decent at 919M, suggesting buyer interest
MA(5): 619M vs MA(10): 576M → Still under pressure
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Chart Note:
ETHFI dumped hard from 8.66 to 0.23, now showing signs of consolidation near the lower range. Price has nearly 5x from bottom but is still far from ATH.
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My View:
This move could be a dead cat bounce unless we see a clear breakout above 1.66. RSI rising is a good sign, but MACD confirmation is needed.
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Are you buying $ETHFI at this level or waiting for confirmation? Drop your thoughts!
#ETHFI #BinanceSquare #CryptoAnalysis #AltcoinWatch #ETHFIUSDT
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Hindi Version:
Title:
$ETHFI/USDT का Monthly चार्ट अपडेट | Reversal या Dead Cat Bounce