$SFP /USDT – Short Trade Setup Alert! 🔻⚠️
Current Price: $0.5533
$SFP is facing rejection near $0.5630 resistance and showing a weakening structure on the 1H chart. Bears may be gaining control.
Short Trade Setup:
Entry Zone: $0.5540 – $0.5600
TP1: $0.5450
TP2: $0.5380
TP3: $0.5280
Stop Loss: $0.5655
Resistance Levels:
$0.5630 (24H High)
$0.5580
$0.5500 (local mid-zone)
Support Levels:
$0.5440 (24H Low)
$0.5380
$0.5250
Market Insight:
SFP printed a lower high near key resistance and is now pushing back into the previous demand zone with bearish candles forming.
Pro Tip:
Look for confirmation below $0.5500 with a retest or rising red volume for a stronger short setup. Tight SL above the recent wick high is ideal!
This could be a clean intraday short opportunity for tactical traders!
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