$SLP HIGH CONVICTION SETUP (Long)
Directional view: Neutral | continuation
Entry band: 0.000584 - 0.000606
Support/Resistance: 0.000717
Targets:
🎯 TP1: 0.000635
🎯 TP2: 0.000663
🎯 TP3: 0.000698
❌ Invalidation: Below 0.000569
OI moved -5.97% in 4h while funding prints -0.00014 (balanced positioning).
Closest liquidation magnet sits upside at 0.00% distance; watch for extension before mean reversion.
Structural note: Range-bound structure
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#slp #technicalanalysis