ETHFI/USDT CAN TOUCH $12#ETHFI/USDT Technical Analysis (as of May 14, 2025)
#Current Market Sentiment and Price Action
Price Trend: ETHFI has shown bullish momentum recently indicate a breakout from a descending broadening wedge on the daily timeframe, suggesting potential for a strong bullish 'C' wave if the breakout is sustained.
Recent Performance: A surge of 40.9% in 24 hours was noted, accompanied by a 351.5% increase in trading volume, signalling strong market conviction.
Current Price Levels: Specific price points mentioned include a consolidation around $1.335– at the time of posting with a potential pullback to $0.96 or lower to fill imbalances.
Chart for your reference
