According to technical data from a recent source, SLP’s moving averages are all showing “Sell,” and the overall summarised recommendation is “Strong Sell.”

Investing.com

According to another forecast chart, the next few days for SLP may see a slight downward drift — with a projected range around $0.0007390 – $0.0009046.

CoinCodex

On top of that, the sentiment among most technical-analysis indicators is bearish.

CoinDataFlow

risk (tight stop loss, small position size). Given how volatile SLP$ is, a rebound can quickly erase gains.

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