Etherfi priceETHFI

ETHFI is facing intense selling pressure after breaking a critical support level. The asset’s price has been steadily declining, reflecting a growing bearish momentum. With traders closely watching key support zones, ETHFI’s next move could determine its short-term trajectory. Market Overview and Price Action ETHFI has remained trapped in a bearish trend, failing to retake lost ground. In the latest action, the price tried to remain above the $1.20 benchmark without succeeding, causing the price to lose ground again. The breakdown below this support level cemented a bearish perspective with the traders targeting the next testing of the support area at $1.00 Crypto analyst @ali_charts pointed out the breakdown of ETHFI in a recent tweet, implying that the asset is likely to head to the value of $0.49. The forecast has raiseId debate among traders with most of them analyzing if the current trend is a sign of decline or a possible bounce back. #EtherFi $ETHFI has broken out of a parallel channel and could be on its way to $0.49! pic.twitter.com/TtWntU9Z78 ETHFI’s inability to retake $1.20 put the asset at a vulnerable state. The next significant levels of resistance are at $1.70, $2.30, and $3.30—all areas of price turnabouts earlier on. Unless the buyers intervene with significant strength, the levels could turn out to be hard to break. On the negative side is the immediate support at $1.00 with other levels at $0.85 and $0.70. If ETHFI cannot support the levels, the asset will fall to the levels of $0.50 according to bearish estimates. A clean break below the levels of $1.00 will accelerate the fall with the price going down. The Stochastic RSI is also showing the levels of being overbought with the fast line at 88.14, anticipating a potential pullback. The BBP (Bollinger Band Percent) histogram is negative at -0.032, also revealing bearish momentum that is fading away. These are revealing indecision while traders are eagerly awaiting price action to confirm the next trend. At the time of writing, ETHFI was at a price of $1.08 with a 3.24% gain over the last 24 hours and a 0.88 price increase in the past 7 days . With the psychologically important support at the price of $1.00, maintaining this will be the key to the next movement of the asset. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

$ETHFI is currently forming a symmetrical triangle pattern, a technical setup that often precedes a significant breakout. As price consolidates within this structure, traders are closely watching for the next decisive move. Key Insights: 🔹 Breakout Potential – Price action is tightening, and a breakout could be imminent. Symmetrical triangles can resolve in either direction, but volume confirmation will be key. 🔹 4H Candle Close Matters – A strong 4-hour candle close with high volume will provide a confirmation signal for a breakout trade. 🔹 Bullish Bias – If the breakout occurs above resistance, we could see a move toward $1.80+, aligning with previous price action and Fibonacci levels. 🔹 Risk Management – If price rejects and falls below support, it may signal a false breakout, so setting a stop-loss is crucial to manage downside risk. 📊 Trading Plan: ✅ Entry: After a confirmed breakout above resistance. ✅ Target: $1.80+ ✅ Stop-loss: Below key support to minimize risk. ✅ Confirmation: Volume increase & strong bullish close. What’s Next? Breakout Watch: Traders should stay alert for volume spikes and price acceleration, signaling a potential breakout. Market Conditions: Keep an eye on broader crypto trends, as Bitcoin and Ethereum movements could influence ETHFI’s trajectory.

$ETHFI is going to pump 🚀🚀… buy and hold.. Trust my words and thank god later.

$ETHFI 2h update 📊

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