ETHFI Long Setup – Breakout Retest at 1.53

ETHFI pulled back into the 1.53 support zone after a breakout and is showing signs of holding. This creates a clean long setup with favorable risk-to-reward.

Entry Zone: 1.53 – 1.54

Stop Loss: 1.50 (below support)

Target Zone: 1.59+

Risk/Reward: ≈ 1:2

Why Long?

Price broke out, retested support, and bounced from ascending trendline.

Consolidation forming under 1.55 resistance with higher lows.

Strong bullish momentum since September 11th remains intact.

📊 Plan:
As long as price holds above 1.50, I’m looking for continuation toward 1.59–1.60. A break below 1.50 would invalidate the setup.

⚡ Conservative traders can take partial profits at 1.558 (red line resistance).

💡 Reminder: Always trade with proper risk management.

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#Crypto #ETHFI #Breakout #LongTrade #PriceAction