$ELF ❗️ ELF/USDT – Is a Rebound Coming After the Drop? ❗️
📉 Support & Resistance Levels
Resistance: $0.2754 → Breakout level for recovery
Support: $0.2427 → Key level to hold for bulls
🔥 Market Strength Weakening but Stabilizing
24H Volume: 88.22M ELF – Interest remains but declining after the pump.
RSI (45.56): Neutral, showing signs of stabilization after the drop.
MACD: Bearish, but losing downside momentum—potential for reversal.
Order Book: Buyer-side liquidity increasing at support, indicating a possible bounce.
📈 Recommended Trade Setup – 🟢 LONG 🟢
🔵 LONG Setup:
Entry: Bounce from $0.2450
Target 1: $0.2754
Target 2: $0.3000
Stop Loss: $0.2335
⚠ Final Thoughts
❗️ ELF saw a huge spike but is now stabilizing. If $0.2427 holds, we could see a rebound back toward $0.2754. Watch for volume confirmation! 🚨
🔍 Where do you see ELF heading next? Share your predictions below! 👇
📌 Follow for more trade setups and market updates! 🚀