📈 ETHFI +10.5% and the volume profile says this move has substance.
$22.2M in volume (1.57x normal), RSI not yet overbought on 4H, and a clean uptrend across both timeframes. This is what a healthy breakout looks like.
📊 What I See:
Price at $0.683 is above SMA7, SMA25, AND SMA99 on the daily chart. The 4H RSI at 65.7 is bullish but has room — overbought starts at 70. Daily RSI at 72 is warm but sustainable.
MACD is positive on both timeframes with expanding histograms. L/S ratio at 1.83 shows strong bullish conviction from traders.
🎯 Why This Trade:
Clean technical structure + volume confirmation + room on RSI = high-probability continuation. The daily trend is strong and the 4H momentum is building.
📋 Trade Plan (LONG):
⚡ Entry: $0.666 - $0.701
🛑 Stop Loss: $0.614
✅ TP1: $0.711 | TP2: $0.738 | TP3: $0.765
Stop below the 4H SMA25 ($0.623) gives the trade room to breathe.
ETH LRT season incoming? Or is ETHFI running on fumes? 💭
#ETHFI #DeFi #DYOR
⚠️ Not financial advice. Always DYOR and manage your risk.