$SLP pushed into the 0.00103 area but failed to sustain above that resistance and quickly reversed, showing clear rejection from the highs. After the rejection, price started making lower highs and stepped down steadily, indicating selling pressure is still present. The recent small bounce looks weak and corrective, not a strong recovery.
As long as price remains below the 0.00099–0.00100 resistance zone, pressure toward the lower support area remains likely. This is a short-term scalp based on rejection and range continuation, not a long-term move. A strong hold above resistance would invalidate the setup.
Scalp Trade Plan
Trend: Bearish continuation
Entry Zone: 0.00098 – 0.00100
TP1: 0.00095
TP2: 0.00092
Stop Loss: 0.00103
Leverage: 20x – 50x
Margin: 1% – 3%
Risk Tip: Take partial profit at TP1 and move stop-loss to entry.
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Short #SLP Here 👇👇👇