$SLP Explosive Rally or Short-Lived Spike? All Eyes on $0.00220 Zone!
SLP has surged over 26%, currently trading at $0.002162. After a breakout above consolidation, price is now hovering below the intraday high of $0.002357, showing signs of cooling off. The next move will decide if bulls push for continuation or if a pullback sets in.
Key Levels to Watch
• Resistance Zone: $0.00220 – $0.00236
A strong breakout above could aim for:
• Target 1: $0.00245
• Target 2: $0.00260
• Support Zone: $0.00200 – $0.00183
If price dips below $0.00200, sellers could gain ground toward:
• Target 1: $0.00175
• Target 2: $0.00164 (24h Low)
Trade Setup – Prepare for High Volatility
• Bullish Entry: Close above $0.00220 with sustained volume
• Target 1: $0.00245
• Target 2: $0.00260
• Bearish Entry: Breakdown below $0.00200
• Target 1: $0.00175
• Target 2: $0.00164
SLP is on fire with strong momentum, but it’s now facing crucial resistance. If bulls reclaim control above $0.00220, upside continuation could be fast. But a failed retest might bring a sharp correction. Stay alert—this move could set the tone for the next leg.