$ETHFI enters a strong breakout phase
I sharply broke through ETHFI above the previous resistance level at $0.70 with strong daily momentum. The trend is clearly bullish, but after this big move, a controlled pullback toward the breakout zone offers a better entry than chasing the current candle.
Set up a buy trade
Entry: $0.720 – $0.755$
TP1: $0.790$
TP2: $0.820$
Final target: $0.850$
SL: $0.690$
Invalidation: continued breakdown below $0.690$.
Buy and trade
I sharply broke through ETHFI above the previous resistance level at $0.70 with strong daily momentum. The trend is clearly bullish, but after this big move, a controlled pullback toward the breakout zone offers a better entry than chasing the current candle.
Set up a buy trade
Entry: $0.720 – $0.755$
TP1: $0.790$
TP2: $0.820$
Final target: $0.850$
SL: $0.690$
Invalidation: continued breakdown below $0.690$.
Buy and trade