SLERF – a name that was once 'burned 10 million tokens' due to a technical error, but has become the most prominent meme-coin in the Solana ecosystem over the past month. After increasing over 2600% in just 10 days, does SLERF still have a chance to rise further or is it time to take profits?



🧠 Trend summary




  • 🟢 Extremely large volume, especially on Binance and Raydium.




  • 🟢 Strongly promoted by many international KOLs (Alex Becker, Ansem,...).




  • 🔴 Still no clear use case – purely meme.




  • 🔴 RSI in the 1H and 4H frames is currently in the overbought zone.





📉 Technical analysis (1H frame)


Indicator Value Assessment EMA 20 & 50 EMA20 > EMA50 Uptrend RSI 74 Overbought, prone to short-term correction MACD Strong upward cross Momentum still remains

Comment: There is still room for growth, but if it does not break the resistance at 0.42 → SLERF is likely to correct to 0.33 or lower.



📈 Trading scenario (based on my bot's experience):


1. If the price breaks through 0.42 (strong volume):




  • Enter a light long position, set TP at 10%, SL at 10%.




  • Combine trailing stop when profit >5%.




2. If the price breaks 0.38:




  • Short wave adjustment.




  • Set a tight SL above the 0.40 area to limit risk.





🧰 What is my bot doing automatically?




  • ✅ Scan EMA + RSI in the 5m & 15m frames to detect uptrends or reversals.




  • ✅ Enter futures orders with x10 leverage, each order only 0.4 USDT.




  • ✅ Set TP/SL at 10%, trailing stop when there are reversal signals.




  • ✅ Average win rate: ~62% according to the statistics of the last week.





🎁 Summary


SLERF is not out of trend, but should be traded according to short waves.

Very strong FOMO sentiment, can reverse quickly → anyone entering trades should have clear TP/SL.