SFPUSDT is currently trading within what appears to be a descending broadening wedge pattern. We anticipate that the price will approach the upper boundary of this pattern and subsequently undergo a minor retracement toward our designated immediate demand zone.
This movement is expected before the price continues its upward trajectory and potentially breaks out of the pattern.
In the event that the price takes a direct downturn from the specified buyback zone, the extreme demand zone has been identified for more strategic accumulation. The intended targets for this setup, ranging from short to medium-term goals, have been illustrated on the chart.
We will keep you updated on this setup as the market evolves. Your participation through comments and likes is greatly valued. Thank you.