$SLF /USDT BEARISH BREAKDOWN IMMINENT
SLF/USDT is showing signs of weakness after a strong pump, now facing significant resistance and failing to hold key levels. The recent rejection at the $0.0950 area signals a likely bearish continuation unless bulls reclaim higher ground fast.
Current Price: $0.0817Trend: Bearish on 1H and 4H timeframe
Key Levels:
Resistance Zones:
$0.0950 (Major rejection zone)
$0.0910
$0.0870
Support Zones:
$0.0800 (Immediate support)
$0.0770 (Key breakdown level)
$0.0730 (Potential bounce zone)
Trade Setup – SHORT Idea
🔹 Entry: Around $0.0815 – $0.0825 (on weak bounce)
🔹 Take Profits (TP):
TP1: $0.0770
TP2: $0.0730
🔹 Stop Loss (SL): $0.0855 (Above minor resistance)
Risk Management:
Risk only 1-2% of your capital per trade. Use position sizing to adjust your exposure. Protect capital at all times – don’t chase, plan entries.
Wait for confirmation on lower timeframes before executing!
Trade smart. Let the chart speak. #TradingStrategyMistakes #ArbitrageTradingStrategy #BTCBreaksATH #ShariaEarn #Write2Earn $SLF