Technical analysis by MrHBTrader about Symbol ETHFI: Buy recommendation (5/26/2025)

ETHFI has recently shown a strong recovery from its macro lows, now trading at $1.29. The price is currently reacting to the first weekly bearish order block zone around $1.20–$1.35, which historically served as a key support-turned-resistance area.🔹 Key Observations:Price Reaction Zone:Price is consolidating inside the first weekly order block, indicating potential for rejection or absorption before a larger move.Upside Potential:If bulls break above and hold this zone, the next key weekly order blocks lie at:$2.30–$2.70$4.80–$5.40Bullish Structure:The strong impulsive move from sub-$0.50 to above $1.20 hints at aggressive accumulation. Continuation depends on reclaiming and holding above this current order block.🧠 Summary:ETHFI is at a critical inflection point, testing a major weekly supply/order block. A clean breakout could open room to higher order blocks, while rejection may lead to a retest of lower demand areas. Monitor for confirmation (e.g., daily candle close above $1.35 or strong rejection wicks) before positioning.