$SLP
/USDT TECHNICAL ANALYSIS – BEARISH SETUP
$SLP/USDT is showing clear bearish dominance as price continues to trade below key resistance zones with strong selling pressure. The structure reflects lower highs and lower lows, indicating trend continuation to the downside. Recent rejection from the supply area confirms sellers are still in control, and momentum favors further decline unless a strong reversal occurs.
Trade Setup: SHORT POSITION
Entry Zone: Near the resistance / pullback area
Targets:
TP1: Previous intraday support
TP2: Range low support zone
TP3: Liquidity sweep area below support
Stop Loss: Above the recent lower high / resistance zone
Market Outlook:
As long as price remains below resistance and volume supports selling pressure, the probability favors a continuation move toward lower demand zones.
Risk Management:
Risk only a small portion of capital per trade, use a fixed stop loss, and secure partial profits at each target to protect gains.
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