🚨$ELF /USDT: BEARISH MOMENTUM CONTINUES! 🚨
📉 Sell Entry: $0.408–$0.415
🎯 Targets:
T1: $0.380
T2: $0.350
🛡️ Stop-Loss: $0.420
📊 Analysis:
$ELF has been under significant selling pressure, dropping by 12% in the last 24 hours. It’s struggling to hold above $0.408, and a further decline below this level is likely. The price action suggests continued bearish momentum, with the next key support around $0.380. Volume is decreasing, signaling that the bears are in control.
🧠 Pro Tip:
Use the 4-hour chart to confirm the breakdown below $0.408. A sustained close below this level could lead to further downside.
Set your stop-loss at $0.420 to protect against unexpected moves.
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