Technical Analysis Report: $SLF /USDT;

Current Price: $0.5938

Resistance: $0.6780

Support: $0.5844

Long Trade: Enter above $0.6780 with targets at $0.7864 and $0.8948, stop loss at $0.5844.

Short Trade: Enter below $0.5844 with targets at $0.5696 and $0.5000, stop loss at $0.6780.This analysis indicates that SLF/USDT is in a downward trend, with the price recently dropping significantly from $0.8800.

The support level at $0.5844 is key, and a break below could lead to further declines. On the other hand, a break above the resistance at $0.6780 might suggest a possible reversal.

#CryptoMarketMoves #BullBanter #SLF #BNBChainMemecoins #BinanceBlockchainWeek