$ELF /USDT – Bullish Momentum Building Toward $0.2700
#ELF is showing clear signs of upward strength, currently trading at $0.2547 after a steady climb from its recent low of $0.2482. The 24-hour high touched $0.2569, indicating growing buyer interest and solid price action on the 2-hour chart.
Trade Setup:
Entry Zone: $0.2480–$0.2520
Breakout Confirmation: Above $0.2560
Final Target: $0.2700
Stop-Loss: Suggested below $0.2430 for risk control
Why Long?
Price action is forming consistent higher lows and pushing against short-term resistance. Volume is gradually picking up, and momentum indicators suggest further upside potential. If ELF holds above the $0.2520–$0.2540 range, we could see a continuation toward the $0.2700 mark.
Strategy Note:
Secure partial gains on strength and trail stop-loss upward once $0.2620 is cleared. Avoid overexposure near resistance zones.
Keep your eyes on the trend—this setup is shaping up with potential for a strong follow-through.