#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
#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
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
renderwithme
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
renderwithme
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.