$SLP USDT BEARISH PRESSURE BUILDING — REJECTION FROM SUPPLY ZONE TRIGGERS DOWNSIDE MOVE!
SLP saw a strong rally earlier, but price has failed to hold above the 0.00230 resistance zone. Multiple rejections from supply zones have pushed price lower, and the 15-min chart now shows a clear shift in momentum with bearish candles and lower highs. A breakdown below 0.00225 could confirm further downside.
🔻 Trade Setup (Short):
Entry Zone: 0.00226 – 0.00228
Take Profit 1: 0.00218
Take Profit 2: 0.00210
Stop Loss: 0.002346
📉 Market Outlook:
Despite the earlier 13% pump, SLP is now forming a classic reversal setup. Volume has dried up near resistance, and the failure to hold gains indicates bears may dominate the next move. Watch 0.00225 closely for breakdown confirmation.
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buy and trade here on $SLP