$ETHFI /USDT Technical Analysis – July 3 Update

Current Price: $1.014

24h Change: +13.21%

24h High / Low: $1.043 / $0.888

24h Volume:

ETHFI: 26.89M

USDT: 26.27M

Category: DeFi

Exchange: Binance

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📊 Price & Volume Overview

ETHFI continues its bullish recovery, holding above $1.01 after a strong rally from $0.888. While the price is slightly off its 24h high ($1.043), it's maintaining a healthy uptrend with robust trading volumes on both sides (~$53M combined).

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🔍 Key Technical Levels

Level Type Price Range

Immediate Resistance $1.043 (24h high)

Short-Term Bull Targets $1.06 → $1.08 → $1.12

Support 1 $0.980 – $1.000

Support 2 $0.940 – $0.960

Strong Demand $0.888 (24h low)

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🔄 Trend & Structure

✅ Higher highs and higher lows forming on all short-term timeframes (15m–4h)

✅ Strong bounce from $0.88 confirms solid demand zone

✅ Above $1.00 psychological level, signaling continued bullish intent

⚠️ Slight rejection at $1.043 — could result in sideways consolidation before continuation

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🧠 Trade Scenarios (Not Financial Advice)

🔹 Breakout Continuation Trade

Entry: On breakout above $1.043

Targets:

TP1: $1.06

TP2: $1.08 – $1.12

Stop Loss: Below $0.98

🔹 Pullback Long Setup

Entry Zone: $0.980 – $1.000

TP: Retest of $1.04 – $1.06

Stop Loss: Below $0.960

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✅ Bullish Signals

Holding key support zones despite intraday selling

Volume remains elevated — confirming active buyer interest

DeFi narrative rebound may continue into Q3

⚠️ Risks

Failure to reclaim $1.043 may result in short-term retracement

Break below $0.980 = loss of momentum

High volatility zone between $0.88 – $1.04

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