$SFP
🚦$SFP/USDT – Bearish Trade Opportunity! 📉
Price: $0.5533
$SFP hit resistance at $0.5630 and is showing weakness on the 1H chart, with bears taking charge.
Short Trade Plan:
Entry: $0.5540–$0.5600
🎯Take Profit 1: $0.5450
🎯Take Profit 2: $0.5380
🎯Take Profit 3: $0.5280
🛑Stop Loss: $0.5655
Resistance: $0.5630 (24H high), $0.5580, $0.5500
Support: $0.5440 (24H low), $0.5380, $0.5250
Market Note:
$SFP formed a lower high near resistance and is dropping toward the demand zone with bearish candle patterns.
Tip:
Wait for a break below $0.5500 with a retest or increasing sell volume for a solid short. Keep a tight stop loss above the recent high to avoid traps!
Perfect for quick intraday or tactical trading moves! 😜
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