$ETHFI Rounding Bottom on Weekly 💁♀️
EtherFi is forming another rounding bottom pattern on the weekly timeframe, preparing for a breakout above the main descending resistance.
The fundamentals are perfect:
- $134M in card spending in the last 30 days
- Loans have nearly doubled to $45 million.
- Nearly 50x ahead of Ethena Pay.
This is not a speculative bet. It's a business with real traction.
Target levels:
🎯 $0.83
🎯 $1.90
🎯 $3.20
🎯 $5.40
🎯 $8.70
EtherFi is forming another rounding bottom pattern on the weekly timeframe, preparing for a breakout above the main descending resistance.
The fundamentals are perfect:
- $134M in card spending in the last 30 days
- Loans have nearly doubled to $45 million.
- Nearly 50x ahead of Ethena Pay.
This is not a speculative bet. It's a business with real traction.
Target levels:
🎯 $0.83
🎯 $1.90
🎯 $3.20
🎯 $5.40
🎯 $8.70