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
ETHFIUSDT
ETHFI's Bullish Move Or Trap? Critical Levels To Watch Now!Yello Paradisers! Are we on the brink of a massive bullish breakout for #ETHFIUSDT, or is it a trap? Let's dive in and find out.
💎#ETHFI has formed a triangle pattern and is currently showing a W pattern at the demand zone, signaling a potential bullish move. Here's what to watch for:
💎We need an I-CHoCH from here. Alternatively, a breakout of the W pattern can indicate a bullish move, but it comes with risks. If you're planning to trade this, consider setting small profit targets for safety.
💎If the price breaks out and closes above the resistance zone, we can expect a bullish move. This confirmation is crucial for a confident entry.
💎If the candle closes below the demand zone, it will invalidate our bullish idea. In this case, it's better to wait for clearer price action before making any decisions.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴