Attention, traders! 🚀$SLF /USDT is making interesting movements that we cannot ignore. After a bullish rally that took it to touch $0.1929, we are seeing a pullback that, while normal, requires us to be super attentive.
Currently, the price is at $0.1716, up 10.92% in 24 hours, which is a good sign of strength! 💪 But be careful, the buy and sell volume is in a battlefield.
The MA(7) at $0.1689 and the MA(25) at $0.1696 are getting closer, and a "golden cross" could be on the horizon if the bulls regain control. If SLF manages to consolidate above these levels, we could see a new bullish impulse looking for $0.19 again.
However, we must be cautious. The market is full of manipulation and the sharks are looking to liquidate the impatient. If the price fails to hold and falls below $0.16, we could be facing a bearish movement that takes us to seek support in the $0.15 area or even $0.14. Don't be fooled by sharp movements!
The key here is patience and to observe if the volume supports a breakout or a drop. Those who HODL wisely and those looking for entries on pullbacks may have their opportunity, but always with risk management! 🧠
