Here is your premium Binance Square style technical analysis post for the provided $SFPUSDT chart:
๐ด $SFP USDT BEARISH TRADE SETUP โ WEAK MOMENTUM AHEAD
๐ Current Price: $0.4416 (+0.09%)
๐น Key Levels:
Resistance: $0.4537 (24h High)
Support: $0.4321 (24h Low)
Average Level: $0.4421
๐ก Market Move Explanation:
$SFP is struggling below the key resistance zone of $0.4477โ$0.4537, with RSI at 41.63 indicating bearish momentum. MACD is flat with negative bars, and volume remains low, showing sellers are still in control.
๐ป SHORT TRADE SETUP
โ Entry: $0.4420 โ $0.4440
๐ฏ Take Profit Targets:
TP1: $0.4380
TP2: $0.4345
๐ Stop Loss: $0.4480
๐ Market Outlook:
If price fails to break above $0.4477, it may continue towards $0.4321 in the upcoming sessions.
โ ๏ธ Risk Management:
Use only 2โ3% of your wallet per trade with a strict stop loss to protect capital.
๐ฌ Comment โ๐จโ if youโre watching $SFP closely today!
#SFPUSDT #CryptoAnalysis #ShortTrade #CryptoAnalysis #BinanceSquareBTC
buy and trade here on sfp
Let me know if you want a bullish scenario re-analysis or daily post schedule drafts for your upcoming trades today.