They're calling this a dead coin, but the 4h chart is whispering something else about SLP.
$SLP /USDT - LONG
Trade Plan:
Entry: 0.000648 – 0.000652
SL: 0.000637
TP1: 0.000663
TP2: 0.000668
TP3: 0.000677
Why this setup?
4h setup is ARMED for a LONG. RSI(15m) is neutral at 54.5, coiled for a move. Key support held at the 0.00065 entry zone. Daily trend is bearish, but this is a counter-trend swing play targeting TP1 at 0.000663.
Debate:
Is this the start of a counter-trend rally, or just a bear market trap?
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