$ETHFI Sell🔥 {future}(ETHFIUSDT) --- ### 🔻 **Technical Sell Analysis:** #### 1. **Downtrend in Price** * The price has been consistently declining from a high of **1.1789** down to **1.1281**. * A new 24h low of **1.1252** was recently made, showing weakness and no strong support holding yet. #### 2. **Moving Averages Bearish Setup** * **MA(7) = 1.1328** * **MA(25) = 1.1365** * **MA(99) = 1.1585** All shorter moving averages are **below longer-term MAs**, indicating a well-established downtrend. #### 3. **Rejected Near Resistance** * The price tried to recover but was rejected near the MA(25), showing strong resistance at that level (\~1.1365). #### 4. **Bearish Volume Spike** * High red volume bars near the bottom indicate **panic selling** or **strong bearish pressure**—often a sign of continuation rather than reversal. #### 5. **Order Book Imbalance** * **Ask side (56.71%) dominates the Bid side (43.29%)**, suggesting more selling pressure at the moment. --- ### ⚠️ **Conclusion: Sell Signal** * **Trend**: Strongly bearish * **Momentum**: Selling pressure remains strong * **Strategy**: Traders might consider **selling on rallies** or **shorting below 1.1250**, with tight stop-losses above the 1.1365 resistance. ---