#SFP is moving inside a descending channel on the 12H timeframe. It attempted to break out of the channel but was rejected by the SMA100. Keep an eye on it — price may retest the support before the next leg up. If it breaks above both the channel resistance and the SMA100, the potential targets are:
🎯 $0.3892
🎯 $0.4177
🎯 $0.4462
🎯 $0.4868
🎯 $0.5385
⚠️ Always remember to protect your capital with a proper stop-loss and disciplined risk management.
🎯 $0.3892
🎯 $0.4177
🎯 $0.4462
🎯 $0.4868
🎯 $0.5385
⚠️ Always remember to protect your capital with a proper stop-loss and disciplined risk management.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
