$SFP /USDT Market Overview — April 6, 2025

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Current Price: $0.4635

▼ -6.57% — Bearish Pressure Active

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24h Price Range:

High: $0.4962

Low: $0.4508

24h Volume:

SFP: 1.84M

USDT: $864K → Moderate Sell Pressure

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Moving Averages:

> Price is between MA(7) & MA(99) — Short-term Neutral-Bearish

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Resistance Levels:

$0.4716 → MA(99)

$0.4744 → Short-term Resistance

$0.4962 → 24h High

Support Levels:

$0.4601 → MA(7)

$0.4508 → Key Daily Low

$0.4494 → Major Support

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Indicators:

RSI: Approaching Oversold

MACD: Bearish Crossover

Volume: Moderate Decline

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Trend Outlook:

Currently Bearish Bias

Support holding at $0.4508 - $0.4601

Recovery possible above $0.4716

Breakdown below $0.4508 opens $0.440 - $0.420 zone

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Suggested Strategy:

Long (Rebound Play):

Entry: $0.4508 - $0.4600

Target: $0.4716 → $0.4744

Stop-loss: Below $0.4490

Short (Trend Continuation):

Entry: Break Below $0.4490

Target: $0.440 → $0.420

Stop-loss: Above $0.4716

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Summary:

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