$SFP /USDT Analysis: Strong Rebound with Bullish Momentum
$SFP is currently trading at $0.7302, reflecting a significant 14.00% gain in the last 24 hours. The price has recovered sharply from a low of $0.5788, now approaching a critical resistance zone.
Key Levels to Watch
Support: $0.6840 – Holding this level will sustain the bullish outlook.
Resistance: $0.7400 – A breakout here could lead to extended gains.
Trade Setup
Entry Point: Around $0.7300
Targets:
1. $0.7600 (short-term)
2. $0.8000 (next target)
Risk Management
Stop-loss: $0.6700 – To minimize downside risk.
SFP's upward momentum suggests a possible breakout above $0.7400, which could unlock further bullish potential. Monitor closely for volume confirmations to support the rally.
