🚀 $SLF /USDT Technical Update – Bounce or Breakout Brewing?

🔸 Current Price: $0.0890

🔸 24H Change: +2.65%

🔸 Volume Surge: 61.64M SLF traded in 24H

🔸 Range: $0.0813 (Low) – $0.0976 (High)

📊 1H Chart Analysis:

EMA20 Holding as Support at $0.0876, while price consolidates near resistance at EMA50 ($0.0890).

MACD Bullish Crossover active with histogram showing positive bars – early momentum build.

RSI: 52.75 – Neutral zone, room for upside.

Breakout above $0.0895–$0.0900 could trigger rapid push toward $0.0950.

📉 4H Chart Analysis:📊

$SLF bounced from oversold region after hitting bottom at $0.0813.

Still trading below EMA20 ($0.0946), acting as dynamic resistance.

RSI at 34.57 – Oversold recovery underway.

MACD crossover looks imminent, a key bullish reversal confirmation.

🎯 Trade Strategy – Bullish Setup:

📌 Entry Zone: $0.0880 – $0.0885

📌 Target 1: $0.0925

📌 Target 2: $0.0950

📌 Stop-loss: $0.0860

📌 Duration: Short-term scalp (4–8 hours)

🔄 Breakout Confirmation:

Candle close above $0.0900 with volume can shift momentum toward retesting $0.0970+ levels.

💡 Market Insight:

Volume is rising and indicators are signaling recovery, but confirmation above 4H EMA ($0.0946) is crucial to flip structure bullish.

🧠 “Every dip tells a story – learn to listen before you trade.”

📛 This analysis is for educational purposes only. DYOR before entering any trade.

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