$ETHFI Let's take a look at the 4-hour and daily charts. The current price has completed a pullback confirmation after the breakout, and the overall trend remains in a relatively healthy upward structure.
At present, the focus should be on the yellow range (around 1.25 - 1.26).
This position was originally a resistance zone, but it has now turned into support. Attempting to go long in this area is reasonable.
After entering, you can use the area marked in the circle below as the stop-loss point, and the target area to focus on above is near the previous high of 1.39. When entering, it is necessary to assess the cost-effectiveness between the current price and potential space to determine whether a reasonable risk-reward ratio is available.
At present, the focus should be on the yellow range (around 1.25 - 1.26).
This position was originally a resistance zone, but it has now turned into support. Attempting to go long in this area is reasonable.
After entering, you can use the area marked in the circle below as the stop-loss point, and the target area to focus on above is near the previous high of 1.39. When entering, it is necessary to assess the cost-effectiveness between the current price and potential space to determine whether a reasonable risk-reward ratio is available.
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ETHFI
1.232
-8.67%