๐ฅ
$SFP 1H: Higher Lows + MA Support โ Is the Next Bullish Leg Starting?
โฐ Timeframe: 1H
๐ Market Bias: Bullish
$SFP has recovered strongly from 0.2000 and is holding above the MA(25) and MA(99). Price continues to print higher lows, indicating buyers remain in control despite short-term volatility.
๐ฏ Trade Setup
Trade: LONG
Entry Zone: 0.2220 โ 0.2235
Stop Loss: 0.2180
TP1: 0.2260
TP2: 0.2298
TP3: 0.2335
Risk : Reward: โ 1:2.5
Trade Invalidation: A confirmed 1H close below 0.2180 invalidates the bullish setup.
๐ Technical Analysis
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Price Action: Strong impulse from 0.2000 followed by healthy consolidation and continuation.
โ
Market Structure: Bullish structure with higher highs and higher lows intact.
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Support: 0.2200 โ 0.2180
โ
Resistance: 0.2260, 0.2298, 0.2335
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EMA/MA: Price is trading above MA(25) and MA(99), while MA(7) has turned upward, supporting bullish momentum.
โ
Volume: Breakout was accompanied by increased buying volume. Continued strength requires volume to remain above recent averages.
โ
SMC: Buy-side liquidity is resting above 0.2298. A breakout could trigger liquidity-driven continuation.
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Order Block: Bullish demand zone is located around 0.2180โ0.2200.
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FVG: Minor imbalance below current price could be revisited before another expansion.
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