$ELF is currently in a bullish phase, trading at 0.2272 USDT with significant upward momentum evident from the RSI of 72.13. A breakout strategy targeting the resistance at 0.2374 USDT could be prudent, especially given the supportive trading volume of 219,289.2. However, traders should remain cautious of potential volatility, influenced by Bitcoin's trends and broader macroeconomic factors, which could impact chart dynamics.
