SLF on the edge – time to buckle up! ⚠️🐻
$SLF is struggling to stay afloat around $0.3979, and the chart isn't showing any strong signs of recovery just yet. The price is trapped under the 99-day moving average at $0.42, signaling potential continued downward pressure. 📉 The volume is low, which means the bulls aren’t stepping in hard enough to reverse the trend, and we're still hovering near recent lows. 😬
That said, it’s not all gloom and doom just yet! A small bounce could happen, but unless we break through the $0.42 resistance with volume backing it up, this might be a short-lived rally. If SLF fails to hold $0.39, we could be looking at a drop to test support around $0.36.
Stay cautious, and keep those stop losses tight if you're in this market. 🚨 Want more updates like this? Hit that subscribe button, share with your fellow traders, and let’s watch the charts together! 💪🔥
