📊 Current Price: $0.6348 (+44.08%)
📈 24h High: $0.6941
📉 24h Low: $0.4197
📉 Trading Volume: 42.14M ELF (~$25.58M)
Technical Indicators Overview:
SAR (0.02, 0.2): 0.6153 – Strong uptrend confirmation.
Bollinger Bands: Price pushing the upper band, indicating potential volatility and a breakout.
MACD: Bullish crossover, suggesting continued upward momentum.
RSI: Near overbought (above 70), signaling strong buying pressure but caution for potential correction.
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🎯 Price Targets for aelf (ELF):
1️⃣ Target 1: $0.7000 –
A key psychological resistance level, aligning with the recent 24h high. If the volume supports a breakout, ELF could consolidate above this point.
2️⃣ Target 2: $0.7500 –
If momentum sustains and market sentiment remains bullish, $0.7500 is the next strong resistance. Watch for increasing RSI and higher trading volumes to confirm this move.
3️⃣ Target 3: $0.8500 –
In an extended bullish scenario, ELF could aim for $0.8500, testing long-term resistance levels. This will require broader market support and significant buy-side volume.
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📌 Key Support Levels:
$0.6150: Current SAR value and nearest support.
$0.5500: Major support level based on previous consolidation zones.
⚠️ Market Sentiment:
With ELF gaining momentum, keep an eye on trading volumes and broader market trends. A pullback is possible if RSI remains overbought for extended periods.
💡 Stay Informed: Always set stop losses and manage risk effectively when trading volatile assets like ELF.
