ETHFI Trade Analysis
Trade Overview:
ETHFI is at a critical support level, having tested this support line multiple times. Despite showing relative strength on the 24-hour and 7-day timeframes, the token has not moved up. A clear invalidation is a prominent close below this major support.
Trade Setup:
Entry: Enter a trade at $2.9.
Take Profit: Set profit targets at $3.6 and $4.3.
Stop Loss: Place the stop loss just below $2.7 to minimize potential losses.
📊🔍 Watch ETHFI's price action carefully, and be ready to adjust the strategy if it breaks below the support! #ETHFI #CryptoTrading #RiskManagement 🌐🔒
ETHFI is at a critical support level, having tested this support line multiple times. Despite showing relative strength on the 24-hour and 7-day timeframes, the token has not moved up. A clear invalidation is a prominent close below this major support.
Trade Setup:
Entry: Enter a trade at $2.9.
Take Profit: Set profit targets at $3.6 and $4.3.
Stop Loss: Place the stop loss just below $2.7 to minimize potential losses.
📊🔍 Watch ETHFI's price action carefully, and be ready to adjust the strategy if it breaks below the support! #ETHFI #CryptoTrading #RiskManagement 🌐🔒
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