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Technical analysis by ALSHIHRY about Symbol ELF: Buy recommendation (2/16/2025)

https://sahmeto.com/message/3250671
ALSHIHRY
ALSHIHRY
Rank: 2804
2.1
Buy،Technical،ALSHIHRY

my idea on the Daily and 4H TimeframesOn the daily timeframe (left), we observe a breakout above a previous high-volume candle. From a classical technical analysis or price action perspective, this could be seen as a false breakout. However, in volume analysis, this is interpreted as a liquidity grab, potentially signaling the beginning of a strong move.On the 4-hour timeframe (right), the price has successfully broken above the high-volume candle and is currently in the process of retesting the breakout level, a key confirmation point before continuation.when you thin outside the box, you will see the light ELFUSDT Price Targets:•First target: +30%•Second target: +70%

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.30597
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