$SLF MASSIVE SPIKE — SHORT-TERM BULLISH REVERSAL
$SLF /USDT exploded upward with an +8% intraday move, hitting a high of $0.0635 after bouncing strongly from the $0.0559 low. The breakout candle shows heavy buying volume and fresh bullish momentum despite the broader long-term downtrend.
Trade Setup:
Entry: $0.0610 – $0.0625 (on minor pullbacks)
Take Profit 1: $0.0650
Take Profit 2: $0.0700
Stop Loss: Below $0.0580
📊 Market Outlook:
Even though SLF has struggled over the past months (-64% in 90 days, -70% in 180 days), today’s sharp breakout signals a potential short-term trend reversal. Bulls must sustain above $0.060 support to confirm continuation; otherwise, it risks another pullback.