"SLP fluctuates again at night, and short-term profit opportunities are coming!"

The current price of SLP is $0.003467. The night trading volume has increased, but the price has not broken through the recent fluctuation range. Although the overall market is slightly calm, the current price is still at a relatively high level, showing certain consolidation signals. Market sentiment is relatively cautious, but if it breaks through the recent key price, it may usher in intensified short-term fluctuations.

Technical analysis and key points

Support level: $0.003400 (short-term support line, the current price is close to this area) Resistance level: $0.003500 (recent pressure level, breaking through this position can further rise) Technical indicators: Moving average: The 5-day and 10-day moving averages are in a bullish arrangement, and the short-term trend is slightly stronger. MACD: The momentum column is still positive, indicating that the market has a certain buying momentum, but the amplitude is small. RSI: The current RSI is about 58, close to the overbought range, and we need to be vigilant about the risk of price reversal.

The short-term price of SLP is near the key range, and we need to wait for the breakthrough direction.

Short-term contract strategy

1. Long strategy

Entry point: $0.003480 (confirm the long signal after breaking through the resistance of $0.003470) Stop loss: $0.003420 (if the price falls back below the support level, consider stop loss) Target: $0.003550 (expected target after the upward breakthrough) Leverage multiple: 15x leverage is recommended to catch the upward fluctuation after the breakthrough.

2. Short strategy

Entry point: $0.003430 (price falls back to the support level, confirming the short-term reversal) Stop loss: $0.003470 (stop loss and exit when breaking through the key resistance) Target: $0.003380 (down to the support range, profit lock) Leverage multiple: 10x leverage is recommended to prevent the risk of rapid price fluctuations.

Risk Warning and Summary

SLP's night market is still in a range of fluctuations in the short term, with limited fluctuations. The direction will be determined after the breakthrough:

Bull expectations: If the price breaks through $0.003500, the upward target may further point to $0.003550, and the strong bulls may continue. Short risk: If the price falls back and falls below $0.003400, it may trigger a further decline to the $0.003380 area.

In terms of operation, it is recommended to test the water with a light position, pay attention to the changes in the trading volume of the breakthrough point, and strictly set stop loss and take profit to ensure that the risk is reduced in the market with large fluctuations.$SLP