SLP / TetherUS
Updated

SLP is on its way. Accumulation zone

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Based on fib extension, Volume profile and Theory of Accumulation and Distribution. It's a good time to buy and hold for high targets.
Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this
Good luck and manage your risk

Disclaimer: This is just my idea. Am not liable for the end results if adopted by anyone.

SLP Burned/Minted Chart axieworld.com/en/economics/c...
I believe if it will be a down move it will be much smaller than the upside. So the reward is much higher.

Check my previous SLP TA, it still valid
Accumulation zone
Trade active
0.059-55 is strong support

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