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SFP/USDT Process for retesting phase area before continue UP!!!

BINANCE:SFPUSDT   SFP / TetherUS
πŸ’Ž SFP has notably captured market attention, having recently broken through a key resistance area. Currently, it is approaching a retesting phase at a level that was previously acting as resistance. For SFP to sustain its upward trajectory, a strong bounce during this retesting phase is essential, probability setting it on course towards our identified strong resistance area.

πŸ’Ž However, should SFP struggle to uphold the support level during retesting, indicating a false breakout, it could lead to a regression back to the demand area, specifically around the $0.62 mark.

πŸ’Ž The $0.62 demand area becomes critical at this juncture. For SFP to resume its upward journey, a robust rebound from this level is required, aiming to reclaim and sustain above the resistance level. Conversely, if SFP breaks below this demand level, it indicates a potential for further downward movement, possibly directing it back towards a stronger support area.

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