🛑$SFP
SFPUSDT
Prep
0.3075
+0.58%
BEARISH SETUP: DOWNSIDE PRESSURE EXPECTED
The $SFP chart shows early signs of bearish momentum after price faced rejection near the 0.320 resistance zone. Lower highs on the 1H timeframe indicate sellers are gaining control. A break below immediate support at 0.310 could trigger further downside, creating a shorting opportunity.
Entry: Short near 0.315–0.320 resistance
Targets:
TP1: 0.310
TP2: 0.305
TP3: 0.300
Stop Loss: Above 0.322 resistance
Risk Management: Keep risk per trade at 1–2%, scale out partially at each target to secure profits.