$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.
#TechnicalAnalysis #CryptoSetup #AltcoinTrading #PriceAction #nehacrypto
