🚨 $ELF ALERT: Bullish Momentum or Reversal? 🚨

$ELF is trading at $0.7219, up 15.45%, but facing resistance after a strong rally from $0.5921. The 4-hour chart shows potential for profit-taking or continued bullish momentum, depending on how the resistance at $0.7500 holds.

💡 Trade Setup:

Long Entry: Above $0.7500, targets: $0.8000, $0.8400, $0.9000. Stop-loss: $0.7200.

Short Entry: Below $0.7000, targets: $0.6500, $0.6000, $0.5500. Stop-loss: $0.7300.

📉 Market Next Move: The pattern suggests a potential pullback if the resistance at $0.7500 holds. A breakout confirms a bullish continuation. Manage trades wisely!

Current Price: $0.6934 (+9.49%)

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