$SFP /USDT Trading Signal - Recovery in Progress?

Current Price: $0.6602

24H Range: $0.6544 - $0.7147

EMA Levels:

EMA(7): $0.6729

EMA(25): $0.6843

EMA(99): $0.7122

Analysis:

SFP shows a potential recovery after touching the daily low of $0.6544. The price is currently testing EMA(7), signaling initial upward momentum. Resistance at EMA(25) could cap further gains.

Potential Setup:

Entry Zone: $0.6580 - $0.6640

Targets:

Target 1: $0.6780

Target 2: $0.6910

Stop Loss: $0.6480

Observation:

A breakout above EMA(25) could pave the way for a test of EMA(99). However, rejection at EMA(25) would signal consolidation or a potential continuation of the downtrend.

Actionable Advice:

Secure partial profits near $0.6780.

Adjust stop-loss levels to breakeven if price approaches $0.6910.

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