📈 Self Chain (SLF) – Technical Analysis Update | July 2025
🚀 Bullish Momentum Building Up
🔹 7D Chart
SLF has finally bounced from the long-term support of its massive falling channel and just broke out of a multi-month downtrend resistance line. This breakout opens the door for a larger reversal.
🔹 Daily Chart
Broke the downtrend resistance from May 2025 after multiple rejections.
Also reclaimed the horizontal level at $0.0813, which previously flipped into resistance after a breakdown. Now it's acting as new support.
Price now targeting the upper resistance of the falling channel, potentially around $0.15.
🔹 Key Levels to Watch:
Support: $0.0813
Resistance 1: $0.15 (top of falling channel)
Resistance 2: $0.90–$1.00 (long-term breakout target based on channel structure)
📊 Breakout Potential:
If SLF can successfully break the down channel, a major breakout rally could be in play, targeting $0.90–$1.00 based on the technical structure.
After months of compression and rejection, SLF is showing real signs of reversal. A clean break above $0.15 could ignite a bullish continuation.