$ELSA is showing a potential bearish pullback setup after long liquidations near $0.06405. Sellers may regain control if price rejects this area, but buyers could still recover it if resistance breaks.
EP: $0.06350–$0.06450
TP1: $0.06150
TP2: $0.05950
TP3: $0.05700
SL: $0.06600
The liquidation level may act as a reference for nearby liquidity, but it does not establish resistance by itself. Wait for a failed breakout or bearish retest before entering; a sustained move above $0.06600 invalidates this proposed setup#EarningsSeason #CFTCSeeksCommentOnRetailDigitalAssetFramework #SwitzerlandApprovesFirstBitcoinETF #SkyAISellsAllSOLAndLaunchesCashTenderOffer #KOSPIFallsMoreThan2%
EP: $0.06350–$0.06450
TP1: $0.06150
TP2: $0.05950
TP3: $0.05700
SL: $0.06600
The liquidation level may act as a reference for nearby liquidity, but it does not establish resistance by itself. Wait for a failed breakout or bearish retest before entering; a sustained move above $0.06600 invalidates this proposed setup#EarningsSeason #CFTCSeeksCommentOnRetailDigitalAssetFramework #SwitzerlandApprovesFirstBitcoinETF #SkyAISellsAllSOLAndLaunchesCashTenderOffer #KOSPIFallsMoreThan2%