đš $SLP /USDT ALERT: Explosive Move â Watch for Momentum Levels! đš
$SLP has skyrocketed, breaking above MA7 ($0.003332) and nearing its 24h high of $0.003950. With strong 24h volume of 18.34B SLP, the trend shows bullish momentum, but a pullback could offer opportunities for re-entry.
đŻ Targets to Watch:
Target 1: $0.003750 â Minor resistance; breaking this could lead to continuation.
Target 2: $0.003950 â Retest of 24h high; a decisive break signals further bullish strength.
Target 3: $0.004150 â Long-term breakout target for bullish expansion.
đ Support Levels:
$0.003332 (MA7): Immediate support to maintain the bullish trend.
$0.002967 (MA25): Breach here may indicate deeper correction.
â ïž Trading Strategy:
Bullish Entry: Above $0.003750 with volume for targets at $0.0040+.
Bearish Entry: Below $0.003332 targeting $0.0030 for a short-term pullback.
Stop Loss: $0.003300 for long positions to minimize downside risk.
Next Move: SLP is in a breakout zone, but RSI indicates overbought conditions. Monitor closely for either a breakout above $0.003950 or profit-taking that might lead to consolidation.
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