SFP 4H chart: Is it time to look for a Short?
Looking at the 4H chart, we are seeing strong selling pressure, and the downtrend is likely to continue. SFP is currently reacting negatively to an important resistance zone. Always remember that proper capital allocation and risk management are key to every trade. Will selling pressure be strong enough to push the price even lower?
📊 $SFP — SHORT setup (sell) 👇
🎯 Entry zone: 0.1938 – 0.19632
🛑 Stop loss (SL): 0.2116
✅ Take profit (TP): 0.17852 / 0.16199 / 0.14545
(4H timeframe · levels calculated using ATR + actual price structure on Binance · RR ~1:1–1:3)
For informational purposes only, not investment advice. DYOR.
#cryptotrades
Looking at the 4H chart, we are seeing strong selling pressure, and the downtrend is likely to continue. SFP is currently reacting negatively to an important resistance zone. Always remember that proper capital allocation and risk management are key to every trade. Will selling pressure be strong enough to push the price even lower?
📊 $SFP — SHORT setup (sell) 👇
🎯 Entry zone: 0.1938 – 0.19632
🛑 Stop loss (SL): 0.2116
✅ Take profit (TP): 0.17852 / 0.16199 / 0.14545
(4H timeframe · levels calculated using ATR + actual price structure on Binance · RR ~1:1–1:3)
For informational purposes only, not investment advice. DYOR.
#cryptotrades
