$ELSA: Dip Absorption Confirmed – Ready for Consolidation Breakout!
The recent price action on $ELSA is showing textbook accumulation. After a healthy retrace, buyers stepped in aggressively, preventing sell pressure from expanding further. The pullback into the prior demand zone was met with strong absorption rather than panic selling, signaling that the smart money is defending this level.
📊 Trade Setup (LONG):
Entry Zone: 0.178 – 0.188 🎯
Target 1 (TP1): 0.198 (Immediate Resistance)
Target 2 (TP2): 0.215 (Trend Continuation) 🚀
Target 3 (TP3): 0.235 (Psychological Barrier) 🌕
Stop-Loss (SL): 0.173 🛡️
Strategic Take: ELSA’s AI-powered DeFi infrastructure is gaining massive traction following its Binance Futures (20x leverage) launch. The reaction off the lows looks controlled, and momentum is stabilizing. As long as we hold above the 0.170 zone, the structure remains firmly bullish for a move toward the 0.24+ resistance.
Manage your leverage and stay disciplined! 💎🙌
#ELSA #HeyElsa #DeFiAi #Write2Earn