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#ELF/USDT analysis :
#ELF is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs). Following an impulsive move, the price has retraced to the 200 EMA and a key support zone. It is anticipated that the price will rebound from this level and resume its bullish momentum, aiming to test the previous swing high.
TF : 1D
Entry : $0.4500
Target : $0.8400
SL : $0.3550
#ELF/USDT analysis :
#ELF is currently consolidating above the previously respected support zone. The price is expected to bounce back from this level and continue its bullish rally, potentially testing previous highs.
TF : 1W
Entry : $0.4124
Target : $0.7853
SL : $0.3060