🎮 SLP/USDT – Gaming Token at Critical MA60 Decision Point

Spot Trading | Binance

📊 Current Stats:

Price: $0.001036 (+13.60% today)

24h High/Low: 0.001180 / 0.000871

24h Volume (USDT): 8.95M

MA60: $0.001039 (Immediate Resistance/Support)

Category: Gaming | Gainer

📈 Technical Context:

Price is testing the MA60 level after a strong rally – a decisive close above is needed for continuation.

Momentum remains positive (+13.60% today), but volume has dipped below MA(5) & MA(10), suggesting consolidation.

Short-term trends are strong, but long-term downtrend persists (1Y: -69.60%).

🎯 Trading Setup (Two-Scenario Approach):

Scenario 1 – Breakout Long (if MA60 is reclaimed)

Entry: Above 0.001045 (confirmation)

TP1: 0.001100

TP2: 0.001150

TP3: 0.001200

SL: 0.001000

Scenario 2 – Rejection Short (if MA60 holds as resistance)

Entry: Below 0.001030 (break of immediate support)

TP1: 0.001000

TP2: 0.000970

TP3: 0.000940

SL: 0.001060

⚠️ Risk Note:

Gaming tokens are highly sentiment-driven.

Wait for confirmation before entering either direction.

Not financial advice. Use strict stop losses and risk management.

$SLP

SLP
SLP
0.000991
-11.04%

#SLP #USDT #gaming #BukhariTechTips