📢 $ETHFI / $USDT | 🟢 LONG | ⭐ 74.2%
🎯 Objective: $0.64645. Does it achieve it?

🎯 Trading levels:
🟢 Entry: $0.6007
🛑 Stop Loss: $0.57325
🏁 TP1: $0.64645
🏁 TP2: $0.6556
🏁 TP3: $0.6739

📈 Analysis:
The $ETHFI / $USDT pair shows a bullish multi-timeframe alignment, with the EMAs 20 and 50 set upward and the price trading above the VAH (volume profile maximum value) of $0.586417. The MACD shows a bullish crossover and a positive histogram, while the ADX of 21.75 indicates the start of a trend with moderate strength. The 15-minute market structure confirms the buy bias through supply absorption, supported by an RSI of 55.58 which still has room before entering the overbought zone.

⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 4/5

The thesis is invalidated if the price closes below the stop loss at $0.57325, breaking the support structure. Continuation of the move depends on keeping the price above the EMA20 to seek technical resistance at $0.6352.

Do you think the current buying volume is enough to break the resistance of $0.6352?

💡 This analysis is educational and not financial advice. Do your own research and decide calmly.

#crypto #ETHFI #trading #Futures #Bullish