#SLF_CHAIN Technical analysis of SLF/USDT (Spot trading)
Key data on the asset:
Current price: $0.2541 (+20.03%)
Maximum in 24h: $0.2800
Minimum in 24h: $0.2076
Volume in 24h: 44.95 million SLF (10.75 million USDT)
ā Important warning:
SLF has undergone significant changes in its tokenomics.
An increase in token supply is possible, which may affect the price.
The price rose from $0.2068 to $0.2800, then corrected.
Global trend: bullish, but with signs of correction.
Support zone: $0.2320 ā $0.2400 (if the price corrects).
Resistance zone: $0.2650 ā $0.2800 (upon a repeat rise).
Possible trading scenarios:
ā
Bullish scenario (continuation of growth):
If the price stays above $0.2500, a test of $0.2650 ā $0.2800 is possible.
Breaking $0.2800 will open the way to $0.3000.
ā Bearish scenario (downward correction):
If the price falls below $0.2400, a pullback to $0.2320 ā $0.2250 is possible.
A deep correction may bring SLF down to $0.2100.
Recommendations:
Long ā upon consolidation above $0.2550, targets $0.2650 ā $0.2800.
Short ā if the price breaks $0.2400, targets $0.2320 ā $0.2250.
Stop-loss ā below $0.2400 if entering long.
$SLF