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
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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.
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.