$SFP /USDT – Testing the Bottom? Bearish Momentum Near Key Support!
Current Price: $0.5812 (-2.37%)
24h High / Low: $0.5989 / $0.5725
24h Volume: 702,098 SFP | $410,723 USDT
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Bearish Trade Setup:
Short Entry Zone: $0.5850 – $0.5950
TP1: $0.5725
TP2: $0.5600
TP3: $0.5480
Stop Loss: $0.6080
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Market Insight:
$SFP is sliding after rejection from $0.60 and is now circling a fragile support at $0.5725. Volume is thinning, signaling weakness, and unless a strong bullish bounce emerges, continuation to lower zones is likely.
This setup favors bears as long as price remains under the $0.5950 resistance zone. Any break above $0.6080 would invalidate this short thesis.
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Pro Tip:
Watch the 4H candle close. If it prints below $0.5725 with volume, expect acceleration toward the next liquidity pocket.
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Buy And Trade Here On $SFP
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