🚀 $ETHFI is showing a potential technical setup!

ETHFI/USDT is displaying a visible structure on the 1W timeframe.

📈 The Technical Setup:
‱ The Pattern: Bullish Harmonic/Reversal Structure with Fibonacci Retracement
‱ Short-term Target: 0.95 USDT
‱ Macro Objective: 2.80 USDT
‱ Market Structure: Reversal from consolidation with breakout potential

🎯 Key Levels to Watch:
‱ Support / Accumulation Zone: 0.40 - 0.50 USDT
‱ Resistance: 0.80 - 1.00 USDT
‱ Breakout Level: 0.80 USDT
‱ Stop Loss / Invalidation: 0.40 USDT

📊 Confirmation:
‱ Volume: Increased buying interest during recent reversal
‱ Momentum: Positive momentum building above key Fibonacci levels
‱ Trend: Weekly trend shifting from bearish to accumulation/reversal

⚠ Invalidation:
A decisive weekly close below the 0.40 USDT support zone would negate the bullish harmonic setup.

ETHFI is showing promising signs of a trend reversal on the weekly timeframe, targeting potential upside recovery if resistance holds.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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