ETHFI/USDT Weekly Analysis – Trend Reversal in Play
The weekly chart of ETHFI/USDT shows a clear breakout above a long-term descending trendline, indicating a potential shift in market structure. Price has reclaimed the key resistance-turned-support zone (highlighted in green), suggesting bullish momentum may be building. With a well-defined invalidation level below the weak low and a high reward-to-risk setup targeting the $9.00 region, this breakout could mark the beginning of a significant trend reversal
ETHFIUSDT
The weekly chart of ETHFI/USDT shows a clear breakout above a long-term descending trendline, indicating a potential shift in market structure. Price has reclaimed the key resistance-turned-support zone (highlighted in green), suggesting bullish momentum may be building. With a well-defined invalidation level below the weak low and a high reward-to-risk setup targeting the $9.00 region, this breakout could mark the beginning of a significant trend reversal
ETHFIUSDT 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.