🚀 $SLF /USDT Alert — Oversold Reversal or Just a Bounce?

Current Price: $0.0760

Trend Context: Strong downtrend finally sees a high-volume bounce off local bottom.

Key Moving Averages:

MA 20: $0.0661 ✅

MA 50: $0.0686 ✅

MA 200: $0.0976 ❌ (still acting as strong resistance)

🎯 Targets:

🎯 Target 1: $0.088 – First Fib and MA200 test

Immediate psychological barrier

Rejected here previously, may act as friction zone

🎯 Target 2: $0.105 – Major breakout level

Above this, trend reversal gains credibility

Historical supply zone from April

🎯 Target 3: $0.135 – Full breakout range

Revisit of previous range highs from May

Thin resistance in this zone if bulls hold strength

🔍 Technical Pulse:

Oversold bounce off multimonth lows

Strong bullish candle clears both MA20 and MA50

Volume spike suggests real attention, but trend isn’t confirmed yet

⚠️ Not financial advice. In fast-moving setups like this, managing risk and using stops is essential.

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