$ELF
/USDT Technical Analysis – A Massive Bull Run in Play!
ELF/USDT has captured traders' attention with a powerful rally, surging 55.91% in the past 24 hours and currently trading at $0.7027. Here's a closer look at the key technical details:
Trend Overview: The pair broke out of a strong consolidation phase, signaling bullish momentum.
Support Levels: Immediate support is at $0.6500, followed by $0.6000.
Resistance Levels: If the rally continues, $0.7500 is the next major target to watch.
Indicators & Signals:
RSI (Relative Strength Index): Currently in overbought territory, suggesting a potential pullback or correction soon.
MACD (Moving Average Convergence Divergence): Strong bullish crossover, confirming upward momentum.