$SLP /USDT BULLISH RECOVERY STRUCTURE – BASE FORMATION SIGNALS POTENTIAL UPSIDE

Market Structure:

$SLP/USDT is attempting a bullish recovery after prolonged consolidation near the demand zone. Price has stabilized above recent lows, volatility is contracting, and momentum indicators suggest early accumulation. A sustained hold above support can trigger a move toward higher supply zones.

Key Levels:

Support Zones:

0.000718 – 0.000706 (major demand & base support)

0.000745 (minor intraday support)

Resistance Zones:

0.000808 – 0.000860 (first supply zone)

0.000911 – 0.000950 (major resistance & liquidity area)

Trade Setup (LONG):

Entry: 0.000740 – 0.000760 (support retest / base hold)

Targets (TP):

TP1: 0.000808

TP2: 0.000860

TP3: 0.000911

Stop-Loss (SL): 0.000699 (below demand invalidation)

Risk Management:

Risk a fixed percentage per trade, avoid over-leverage, and secure profits by moving stop-loss to breakeven after TP1.

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