After falling below the lower trendline of its pennant formation, SLDB remains under pressure, with technicals pointing to further downside.
S1: $4.48 – First support level, potential reaction area.
S2: $4.03 – Offering price and key support zone.
With bearish price action and technicals in play, a move toward S1 looks increasingly likely. If that level doesn’t hold, S2 becomes the next downside target. Patience remains key.
New chart, same setup—key levels remain in focus. 🚨
S1: $4.48 – First support level, potential reaction area.
S2: $4.03 – Offering price and key support zone.
With bearish price action and technicals in play, a move toward S1 looks increasingly likely. If that level doesn’t hold, S2 becomes the next downside target. Patience remains key.
New chart, same setup—key levels remain in focus. 🚨
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.