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CScalp_EN
Mar 12, 2024 2:15 PM

LONG #SFPUSDT Long

SFP / TetherUS PERPETUAL CONTRACTBinance

Description

LONG #SFPUSDT from $0.8626 stop loss $0.8577

4h TF. The instrument formed a local uptrend with an aggressive approach to the resistance level, tested by several touches, which accumulated a lot of stops of the participants' shorts. An active approach to the levels indicates a large limit buyer pushing the price to overshoot with bursts of long volumes.
I will wait for consolidation along the level and for an acceleration of the deal feed - an impulse breakdown.
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