$SLP USDT STRONG PUMP REVERSED INTO STEEP DROP ā SHORT TRADE SIGNAL š“
$SLP /USDT spiked aggressively to 0.002690 but failed to sustain bullish momentum, forming a rapid reversal pattern. Price has since cascaded downward with consistent red candles, now resting near 0.002076, signaling a continuation of the bearish move.
š» Trade Setup:
Entry Point: 0.00207 ā 0.00210
Stop Loss: 0.00220
Take Profits:
⢠TP1: 0.00200
⢠TP2: 0.00195
⢠TP3: 0.00188
Margin: 2-3% of wallet
Leverage: 10x
š Market Outlook:
The sharp retracement after a vertical pump indicates heavy profit-taking and fading buyer interest. If price loses the 0.00205 level, it could accelerate toward 0.00188. Trend is now favoring bears.
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SLPUSDT
Perp
0.000884
+0.34%