📊 Moving Averages
MA(7): $0.001407
MA(25): $0.001387
MA(99): $0.001529
✅ Price has reclaimed the 7 and 25-period MAsand is now approaching the 99-period MA — a potential inflection point for trend reversal.
🔄 Bullish Reversal Rally In Play
After a prolonged downtrend,
SLP has printed a strong bullish engulfing candle,
breaking through immediate resistance.
This marks thefirst meaningful upside momentum since late May,drawing attention from momentum traders.
📈 Momentum Snapshot
Short-term MAs are curling upward,signaling early trend reversal.
A confirmed breakout above
MA(99) at $0.001529 could pave the way for a push toward
$0.00160–$0.00172.
🧱 Key Support & Resistance
Support: $0.00142 → $0.00138 → $0.00132
Resistance: $0.00153 → $0.00160 → $0.00172
🎯 Trade Setups
Breakout Entry: Above $0.00153
Target: $0.00165–$0.00172
Conservative Entry: Pullback to $0.00142–$0.00145
Stop Loss: Below $0.00138
📊 Volume and BTC stability
will be crucial to confirm bullish continuation.
