$ELSA Pullback Stabilization After Sharp Sell-Off, Base Formation in Progress

ELSAUSDT

Διην.

0.11822

+4.18%

$ELSA experienced a strong corrective move from the 0.1311 high, followed by accelerated selling pressure that pushed price into the 0.1075 demand zone. This area has acted as a short-term base, with buyers stepping in and forming higher lows on the intraday structure.

The current price action shows stabilization and early recovery behavior, suggesting selling momentum is cooling. As long as #elsa holds above the 0.110–0.108 support band, the probability favors a technical bounce toward previous supply levels.

Trade Setup

Entry: 0.110 – 0.113

Stop Loss: 0.106

Targets:

TP1: 0.118

TP2: 0.124

TP3: 0.131