$SLF has had a rough time lately. It's down 21.96% in the last 24 hours and a whopping 55.18% over the past month. ๐Ÿ“‰

Hereโ€™s why itโ€™s tanking:

* Binance Delisting: Binance is removing $SLF on September 3, 2025, which sent its price crashing down 28% after the announcement. ๐Ÿ’”

* Bithumb's Warning: Bithumb labeled SLF a "monitored asset" and suspended deposits, raising more concerns about the project. ๐Ÿ˜Ÿ

* Technical Breakdown: Even though the Relative Strength Index (RSI) shows it's oversold, the bearish momentum is still strong. This means it could keep dropping. โš ๏ธ

Deep Dive

* Binance Delisting ๐Ÿ˜ฅ

When a major exchange like Binance delists a coin, it crushes liquidity and trust. With Binance handling around 40% of $SLF's volume, this is a huge blow. Now, traders are scrambling to sell before the delisting date.

* Exchange Scrutiny ๐Ÿšจ

Bithumb's warning about the code and team only adds to the fear. The market cap for $SLF is now down 93.68% from its all-time high, showing just how much confidence has been lost.

* Technical Analysis ๐Ÿ“‰

The price has already fallen below a key support level, and there's no clear sign of a rebound. While a short-term bounce is possible because itโ€™s oversold, the overall trend is very bearish, so be careful.