SLF is bleeding hard, down nearly -14%, and struggling below key resistance. Bears are in control, but a bounce from oversold levels could offer short-term setups. Time to stay alert.
Key Levels to Watch
Resistance: $0.0980 – A breakout above this may trigger a recovery toward: TP1: $0.1005 TP2: $0.1025
Support: $0.0937 – If this level cracks again, downside targets may extend to: TP1: $0.0910 TP2: $0.0885
Trade Setup – High Volatility Play
Bullish Entry: Confirmed move above $0.0980 with strong volume
Stop-Loss: Set tight SLs on both sides – trend remains bearish with sharp wicks expected
Volume Surge: 27.8K+ volume spike on the dump – may signal either capitulation or fuel for a short squeeze. #IsraelIranConflict #PowellRemarks #SwingTradingStrategy
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