Currency $SFP | Are we facing a new opportunity before the explosion?
Current price: $0.584
Highest price in 24 hours: $0.605
RSI = 62.5: Positive momentum with good room for rise before saturation.
The price has bounced from the resistance of $0.61 and is now showing consolidation near the dynamic support (MA 5).
The candles are still above the short-term averages, supporting the upward trend in the short term.
Smart entry opportunity
Suggested entry: $0.580 – $0.585 (consolidation area)
First target: $0.605 (local resistance)
Second target: $0.635 (movement extension)
Stop loss: $0.568 (lowest confirmation candle)
