$SLP $/USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION SETUP
SLP/USDT has shown strong bullish momentum after a sharp expansion phase, breaking above key short-term moving averages. The structure suggests buyers are still in control, with price holding above MA(7) and MA(25), indicating strength and continuation potential. As long as the market maintains higher lows, upside pressure is expected to persist.
Market Bias: Bullish
Trade Type: Long (Buy on pullback or breakout confirmation)
Entry Zone:
• Long on a healthy pullback into the demand zone above MA(25)
• Aggressive traders can enter on a confirmed breakout above recent resistance
Targets (TP):
• TP1: Previous intraday resistance zone
• TP2: Upper liquidity zone near recent swing high
• TP3: Extended move toward breakout expansion zone
Stop Loss (SL):
• Below the recent higher low and under MA(25)
• Conservative SL below the structure support to avoid fakeouts
Risk Management:
Risk only 1–2% per trade, scale out profits at targets, and move SL to breakeven after TP1 to protect capital.
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