$ETHFI Falling Knife or Reversal on Deck?
ETHFI is trading at $0.987, recovering slightly after hitting the day’s low at $0.975. With a sharp -10.84% drop and increasing volume, bears are in control—but the current base-building attempt near support could flip the short-term bias.
Key Levels to Watch:
• Resistance Zone: $1.015
A breakout above this may drive price toward $1.045 and $1.075.
• Support Zone: $0.975
A failure to hold this level could sink price to $0.950 or even $0.920.
Trade Setup:
Bullish Entry: Only above $1.015 with confirmation
• Target 1: $1.045
• Target 2: $1.075
Bearish Entry: Below $0.975
• Target 1: $0.950
• Target 2: $0.920
ETHFI is showing signs of stabilization after a major drop. Breakout above $1.015 could shift sentiment, but until then, caution favors the downside. Let volume and structure lead the way.
