$SFP USDT BEARISH PULLBACK: MOMENTUM WEAKENS AFTER LOCAL HIGH AT 0.4455 📉
$SFP USDT faced rejection after hitting a peak of 0.4455, followed by consecutive red candles and declining volume. The MACD histogram is fading, and the short-term price action hints at a lower high forming near 0.4390. This could trigger a bearish retracement if price fails to reclaim resistance soon.
Trade Setup:
Type: Short Trade Setup 🔴
Entry Point: 0.4385 – 0.4395
Stop Loss: 0.4460
Take Profit:
• TP1: 0.4325
• TP2: 0.4285
• TP3: 0.4230
Market Outlook:
Although the broader trend has seen upside moves, current indicators suggest exhaustion. If SFP closes below 0.4350 support, short-term bearish pressure may intensify.
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buy and trade here on $SFP