$ELF

/USDT Technical Analysis & Trade Signal

Momentum: Bullish (+16.47% in 24h)

Trend: Uptrend (Breaking key resistance levels)

Indicators:

RSI: Likely near overbought territory (watch for reversals).

Moving Averages: Crossing above significant levels, confirming bullish momentum.

Trade Signal

Entry Point: $0.5760-$0.5780 (on slight retracement).

Stop Loss: $0.5400 (below key support).

Targets:

1. 🎯 $0.6000 (Immediate resistance).

2. 🎯 $0.6250 (Medium-term resistance).

3. 🎯 $0.6500 (High momentum extension).

Recommendation: Consider a long position while momentum sustains. Monitor volume and price action near $0.6000 and $0.6250 for profit booking or breakout continuation.

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