🔥$SLP I'd go Long on 1-hour timeframe
Recent 1h candles show declining volume during price drops (last 4h volume 198M vs. 24h avg ~300M), suggesting selling pressure may be exhausting.
Capital Flow: positive in short timeframes (4h: +58K), suggesting futures traders are cautiously returning.
Entry long $SLP
• Ideal entry: 0.00089-0.00090 (retest of MA5/MA10 confluence)
• Aggressive entry: Break above 0.00093 (BOLL upper band) with volume
Stop Loss: 0.00086, just below support and recent swing low)
Target Levels $SLP : 0.00096 - 0.00098 (approaching MA120)
Support me just Click below to Trade 👇 Cheers.
SLPUSDT
Perp
0.00068
-2.88%