$ELSA USDT – Dead Cat Bounce or Reversal Setup?

Current price is showing heavy sell pressure (-33% in 24h) after a strong rejection from the 0.257 top. Price has tapped 0.158 support and is showing early stabilization. On the 1H timeframe, downside momentum is cooling, hinting at a possible relief bounce.

Trade Setup. Space

• Entry Zone: 0.158 – 0.166

• Target 1 🎯: 0.178

• Target 2 🎯: 0.196

• Target 3 🎯: 0.218

• Stop Loss: 0.150

If 0.170+ breaks with volume, price could snap into a sharp recovery rally, offering a fast upside reaction. 🚀

If you want, I can also drop a SHORT setup in case the downtrend continues.

ELSAUSDT

Perp

0.15117

-20.51%