$ETHFI /USDT Builds Momentum Above $1.10
$ETHFI is showing strong signs of accumulation, bouncing from the $1.01 low and pushing toward the upper band of its 4H consolidation range. Volume is healthy (~$41M USDT), with price steadily reclaiming key short-term moving
averages.
Entry Zone:
Ideal buy range: $1.12 - $1.16, especially on consolidation above $1.14.
Target Levels:
Target 1: $1.22 - Local resistance from May's breakdown.
Target 2: $1.35 - Next key structure from April consolidation.
Target 3: $1.48 - Major swing level and breakout point on macro chart.
Stop Loss:
Set a stop below the recent support at $1.08 to contain downside.
Key Levels:
Support: $1.10/ $1.08
Resistance: $1.22/ $1.35
Pivot: $1.16
Pro Tip:
Watch the 4H close above $1.18 - if price holds this level with volume pickup (>10M USDT/4H), a momentum breakout toward $1.22 becomes likely. Consider trailing stop strategy after Target 2.
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