Bull Run Confirmed: $SLF USDT Analysis!🔥💯
The recent price breakout above resistance at $0.3350 has confirmed bullish momentum, as seen in the sharp upward price movement on the 30-minute chart.
Entry Point:
Consider taking positions around the current level of $0.3436, with careful risk management in place.
Targets:
• Target 1: $0.3500
• Target 2: $0.3650
Stop Loss:
Place a stop loss below $0.3300 to protect against unexpected reversals.
Analysis Summary:
This upward breakout indicates strong buying pressure, supported by increasing volume. With resistance now acting as support, this level could hold as the base for the next leg up. Secure partial profits near each target and adjust your stop loss to lock in gains as the price moves.
Keep an eye on market conditions for further confirmations or shifts in momentum. Trade wisely!