$SFP $SFP / USDT Technical Analysis – Feb 9, 2026 🛡️
$SFP (SafePal) is showing signs of a potential recovery as it attempts to move away from recent local lows. The 4-hour chart reveals a consolidation phase following a sharp dip, with buyers now trying to regain control.
📉 Market Snapshot
* Last Price: 0.2719 (+1.12%)
* 24h High/Low: 0.2746 / 0.2634
* RSI (6): 51.19 (Neutral – balanced momentum)
* Support: 0.2275 (major local bottom), 0.2634
* Resistance: 0.2738 (EMA 25), 0.3030 (EMA 99)
🔍 Key Observations
* Support Test: sfp recently tagged a low of 0.2275 before bouncing back into a range between 0.260 and 0.280. Holding the 0.2634 level is critical for maintaining this short-term bullish structure.
* Moving Averages: The price is currently trading right at the EMA(7) (0.2711) and just below the EMA(25) (0.2738). A breakout above the purple EMA(99) at 0.3030 would signal a shift to a stronger bullish trend.
* Fundamental Catalysts: Ecosystem updates, including the native integration of Morpho Vaults and upcoming SFP payment support via Entravel, are providing fundamental tailwinds that could support price recovery despite the "Extreme Fear" in the broader market.
🚀 Trading Strategy (Short-term)
* Entry Zone: 0.2680 – 0.2720
* Target 1: 0.2930 (Next major resistance level)
* Target 2: 0.3050 (High from early February)
* Stop Loss: Below 0.2600
> Risk Note: Short-term technicals for SFP remain mixed; while the 4H chart shows stability, the daily trend remains cautious. Always trade with a plan!
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