$SFP

SFPUSDT

Perp

0.3075

-3.99%

pushed higher, but the moment it hit the upper zone, sellers slammed it down hard. That long red drop erased the entire move and the bounce afterward is weak and corrective, not impulsive. Price is now stuck below the breakdown area, which tells us this was distribution, not accumulation. As long as it stays under the previous support, downside pressure remains active.

Trade Setup

Short Entry: 0.3160 – 0.3200

Targets: 0.3080 / 0.3000

Stop Loss: 0.3250