Trade ideas
SafePal (SFP) ready for moon ridesSafePal is a very strong project and launched via Binance Launchpad. SFP is forming an ascending triangle and we expect it will break out soon. SafePal has very strong fundamentals and this is a good time to build a position in SFP.
Buy Zone: $1.9 - $2.01
Target: $2.2 - $2.55 - $2.84 - $3.05 - $3.25 - $3.55 - $3.85 - $4.2
SFPUSDT (SAFEPAL) - POTENTIAL BREAKOUT ANALYSIS 🔎
- SFPUSDT is printing a falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- Price is testing the key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.






















