๐Over the past few days, SFPUSDT has been crafting a descending channel. A recent breakout from this descending channel suggests a potential shift in market sentiment.
๐Currently, it is trading above the 50-day Exponential Moving Average (EMA), which also confirmed the bullish scenario. Trading above this moving average indicates strength and positive momentum for SFP.
๐The presence of high demand in the market is anticipated to significantly contribute to a bullish run.
๐In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
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Let's take a quick look at SFPUSDT. It has followed our predictions nicely, achieving a 24.6% gain.
๐ After the breakout, it made an upward move, mitigated the OB, grabbed liquidity, and then set a downward move. What's happening here?
๐ It's taking a pullback to address the recently created OB and is consolidating in that area after grabbing liquidity.
๐ One key observation at the moment is that there's an Order Block around $0.3792 in the lower timeframe that needs to be mitigated for the next possible move.
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๐ด SafePal Free Signal update๐ด ๐All targets for #SFP/USDT have been successfully met ๐พ
๐Profit generated:46.99% ๐ ๐Duration: 35 Days 5 hour and 10 Minutes โฐ