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Technical analysis by Crypto_DUMP about Symbol ELF: Buy recommendation (12/12/2024)

https://sahmeto.com/message/3059656
Crypto_DUMP
Crypto_DUMP
Rank: 26772
0.4
Buy،Technical،Crypto_DUMP

#ELF /USDT AnalysisELF The price is rebounding from the strong support zone at $0.4603 after a healthy correction, showing readiness for an upward movement. The technical pattern indicates a continuation of the bullish trend, with a target of $0.9674, representing a 100% potential gain. The mentioned support zone is crucial to avoid a trend reversal, while the current momentum suggests the likelihood of further upside.Long Zone: $0.4603.Target: $0.9674.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
First Support:
$0.4603
First Resistance:
$0.9674
Price at Publish Time:
$0.56202
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