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#ELF /USDT – Bullish Breakout Confirmed! Eyes on Higher Highs
Current Price: $0.2405
24H Change: +5.02%
24H High: $0.2626
24H Low: $0.2282
StochRSI: 53.99
MastoChRSI: 54.18
Chart Overview (2H):
$ELF just ripped through a tight consolidation range with an explosive green candle, topping out at $0.2626 before a slight cooldown. The sudden spike in volume and breakout above $0.232 signals that bulls are back in charge.
Key Technicals:
Breakout from sideways movement confirms a bullish trend shift.
Strong support building near $0.226–$0.230.
Healthy pullback after the spike, but momentum remains intact.
Watch For:
Resistance: If price reclaims and holds above $0.250, another test of $0.2626 is likely.
Next Target: If volume sustains, $0.2750–$0.2800 could be the next wave.
Support: Immediate support lies around $0.232 and deeper at $0.2262.
Trade Tip:
Consider entering dips toward $0.235–$0.238 with a stop below $0.226. Scale out around $0.260 and leave a runner for a potential move above $0.270.
Sentiment: Bullish breakout in motion. As long as $0.226 holds, bulls have the upper hand.
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