Trading Signal Alert for $SFP /USDT
$SFP /USDT is experiencing a strong upward momentum, currently trading at $0.7687, marking a significant 27.08% increase in the last 24 hours. The price has broken through recent resistance levels, reaching a 24h high of $0.7846. The RSI is at 89.72, signaling an overbought condition; caution is advised for potential pullbacks.
Key Levels:
Entry Price: $0.7680 (near current levels or on pullback to $0.7190)
Resistance: $0.7846
Support: $0.7194 and $0.6440
Take-Profit Targets:
1. $0.8000
2. $0.8200
3. $0.8500
Stop Loss:
Place a stop loss at $0.7150 to minimize risks.
Cautionary Note:
Monitor the RSI closely as the market appears overbought. A breakout above $0.7846 may trigger more upward movement, while failure to sustain momentum could lead to a retracement.
