🚨
$SFP breaks out of the bearish structure and targets upper liquidity! 👀
After weeks of pressure within the downtrend, the price has finally managed to break through the main bearish trendline (the red line) with a strong buying impulse and a clear increase in momentum, indicating the start of a phase to reclaim the bullish structure.
🎯 Watchlist Entry Zone:
Any successful retest of the area:
0.2850$ — 0.3000$
Could represent a solid accumulation opportunity as long as the price stays above the broken trend.
🚀 Target Take Profits:
🎯 TP1: 0.3126$
🎯 TP2: 0.3403$
🎯 TP3: 0.3850$
🛑 Scenario Invalidation:
A close below: 0.2589 on a 4-hour candlestick
Would indicate a failed breakout and a return of the price to the previous bearish structure.
🚨 Click To Trade
$SFP Here 👇
#SFPUSDT