$SLP USDT SHORT TRADE SIGNAL 🔻🛑🚦
| BUYER EXHAUSTION AFTER PARABOLIC SPIKE
$SLP has shown a strong parabolic move followed by a sharp rejection from the resistance zone near 0.00242. Price action is beginning to stall with consecutive upper wicks, signaling buyer fatigue. A correction toward the lower demand zone looks likely as momentum cools off.
🔻 TRADE SETUP (SHORT):
• Entry Zone: 0.002309 – 0.002314
• Stop Loss: 0.002486
• Take Profit Targets:
• TP1: 0.00210
• TP2: 0.00200
• TP3: 0.001920
• Leverage: 10x
• Risk Allocation: 2–3% of wallet
📉 MARKET OUTLOOK:
After an explosive breakout, $SLP has entered a critical zone of resistance with rejection candles forming. Momentum is fading on lower timeframes, and a break below 0.00230 could accelerate the drop toward previous support levels.
#SLPUSDT #BearishSetup #CryptoShort #BinanceTrading #BearishSetu 🚨📉