$SLP USDT — SHORT SETUP AFTER SPIKE REJECTION ⚠️
SLP rallied sharply to $0.002270 but faced immediate rejection, forming a long upper wick on the 1H chart. Price is now trading near $0.002154, with sellers stepping in aggressively to defend the highs — signaling a potential pullback toward key supports.
📊 Trade Setup (Short)
Entry Zone: $0.002150 – $0.002160
Target 1: $0.002014
Target 2: $0.001921 (major support)
Stop Loss: Above $0.002280 (recent high wick)
📉 Market Outlook:
A failure to reclaim $0.00220+ could keep the momentum in favor of sellers. Watch for volume drop and breakdown confirmation before scaling in.