$ETHFI – REJECTION FROM $1.02 ZONE! BEARISH PAUSE INCOMING?
⚠️ STRONG WICK REJECTION NEAR $1.020
⚠️ LOW VOLUME FOLLOW-THROUGH ON LAST GREEN CANDLE
$ETHFI /USDT posted a decent +6.30% move today, but the rally is showing early signs of exhaustion. Price failed to hold above the psychological $1 mark and is now pulling back from the $1.020 peak. The current red candle after the sharp rise suggests a possible bull trap or temporary top.
With volume fading and a strong resistance at $1.012–$1.020, bears may step in to drive a short-term correction toward support.
BEARISH TRADE SETUP
• Entry: $0.994 – $1.000
• Stop Loss: $1.025
• Target 1: $0.974
• Target 2: $0.949
• Target 3: $0.923
If price closes below $0.990, sellers could gain control. Watch closely — failure to reclaim $1 could trigger a pullback as bulls take profits.
#ETHFI #DeFiUpdate #CryptoReversal #BearishSignal #BinanceFutures