$ETHFI

Moving Averages:200 SMA: 1.559 (Price is below the 200 SMA, indicating a potential bearish trend).VWAP: 1.559 (Price is hovering around the VWAP level).

Relative Strength Index (RSI):Current RSI: 36.91, which suggests that the asset is in a lower momentum range. It's approaching the oversold region but not quite there yet, which may indicate potential for price stabilization or further downside if it dips below 30.

MACD Analysis:MACD Line: -0.008Signal Line: -0.055MACD Histogram: -0.064

The MACD is below the signal line, confirming bearish momentum. Additionally, the histogram value suggests negative divergence, which aligns with bearish sentiment.

Support and Resistance Levels:

Immediate Support: 1.300Immediate Resistance: 1.500

The asset is currently testing the support level around 1.300. A failure to hold this level might lead to further decline, while a bounce could indicate a short-term reversal.

Bullish/Bearish Scenarios:Bullish: If the price manages to reclaim and hold above the 1.500 resistance level, it could spark a short-term rally towards the 200 SMA.

Bearish: If it breaks below the 1.300 support level, it could accelerate the downside momentum, potentially reaching lower supports.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice.