$SLP

/USDT Technical Analysis💯🔥🔥

Current Price: $0.003869

Momentum: Neutral-Bearish (Price declining with slight support near $0.003842)

Key Levels

1. Support Level: $0.003842 (watch for a bounce here)

2. Resistance Levels: $0.003990 (immediate resistance), $0.004050 (strong resistance)

Trade Signal:

Short-Term: Bearish; consider selling/risk management if the price breaks below $0.003840.

Long-Term: Wait for confirmation of reversal patterns or a breakout above $0.004000 for upward momentum.

Targets 🎯

Bullish Targets: $0.004000, $0.004050, $0.004150 (in case of upward breakout).

Bearish Targets: $0.003800, $0.003750, $0.003700 (if the price continues downtrend).

Trade Momentum:

Indicators:

RSI: Slightly oversold (potential recovery ahead).

MACD: Bearish crossover (downtrend likely).

Volume: Increasing on dips (high selling pressure).

Monitor closely for volume and momentum shifts before entering trades!

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