๐ ELF/USDT Technical Analysis: ๐น Buying, Selling, and Stop Loss Targets ๐ฏ
Current Price: $0.5682 (+1.77%)
Market Highlights:
24h High: $0.5974
24h Low: $0.5489
24h Volume (ELF): 10.14M
24h Volume (USDT): $5.80M
Trading Insights:
1. Immediate Resistance: $0.5780
2. Immediate Support: $0.5600
3. Key Stop Loss Level: $0.5500
Recommended Strategy:
Buying Zone: $0.5600โ$0.5650
Selling Targets: $0.5780, $0.5850, $0.5900
Stop Loss: $0.5500
Market Analysis:
ELF/USDT is showing positive price action, holding near its support zone. Buyers can consider entering between $0.5600โ$0.5650, targeting resistance levels at $0.5780, $0.5850, and $0.5900. A stop loss at $0.5500 will help mitigate risk in case of a downside reversal. Monitor volume for confirmation of further bullish momentum.