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Technical analysis by Goldfinch_song about Symbol ETHFI: Buy recommendation (6/3/2025)

https://sahmeto.com/message/3578171
Goldfinch_song
Goldfinch_song
Rank: 5778
1.6
Buy،Technical،Goldfinch_song

ETHFIUSDT remains one of the strongest ETH beta plays since the April bottom. After a clear impulse move and consolidation, price swept into a key 1D order block cluster, now acting as support.Setup:🟩 Key Support: $1.09–1.24 (1D OB cluster)• Structure remains bullish above this zone• Recent sweep confirmed as a last dip buy opportunity• Higher lows and clean defense → continuation likely📌 Wave Structure Suggests Ongoing Expansion• Wave (4) completed on OB retest• Next move (wave 5) targets new local highs if $1.24 holds🎯 Targets:• First resistance: $1.60• Extension: $2.50–3.00+ (mid-range of former distribution zone)Plan:• Long bias above $1.09• Accumulate dips on intraday structure above the OB• Exit bias only on daily close below $1.09

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$1.6
Stop Loss Price
$1.09
Price at Publish Time:
$1.23
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