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SLP

Will #SLPUSDT Breakout or Break Down? Key Levels to Watch NowYello, Paradisers! Is #SLPUSDT on the verge of a breakout, or is a sell-off looming? Let's dive into the crucial signals and strategies that could shape the next big move of #SLP. 💎#SmoothLovePotion is showing promising signs of a potential bullish continuation from the key bullish order block (OB) at $0.00218. After breaking above the descending resistance, the path is being cleared for a move higher. However, for this momentum to truly hold, the price must remain steady above the bullish OB. This could set the stage for a breakout above the internal resistance zone. 💎We’re not in full breakout mode just yet. For a confirmed bullish move, #SLPUSDT needs to decisively break above the internal resistance at $0.0034–$0.0037. Look for strong engulfing candles and consistent upward momentum to signal that the market is gaining strength. Without these signs, jumping into trades prematurely could expose you to unnecessary risk. 💎Yet, the risk of fading momentum is always on the table. Should #SmoothLovePotion fail to break above $0.0037 and show signs of weakening, sellers could start to dominate. In that case, all eyes should be on the critical support level at $0.00218—a level that has proven resilient in previous dips. 💎If $0.00218 holds, the bullish outlook remains intact. A bounce from here could reignite buying pressure. However, a break below this level would invalidate the bullish setup, potentially triggering a sharp decline toward the next demand zone at $0.00154. Should this demand zone also give way, a more significant drop may be on the horizon. Don’t let FOMO get the best of you; wait for clear confirmations before making your move. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
SLP, bear weight over... it's time to SEED!SLP recent monthly metrics is suggesting a huge price shift -- conveying a long term reversal to the upside is now currently on queue. Bear weight has diffused based on monthly data after waiting over a year. This is a huge hint that a significant upside price valuation is about to transpire. Take this with a grain of salt though as crypto is a volatile market. Have your safety in place just in case. But RR on this one looks too attractive to be missed. Spotted at 0.0016 TAYOR. Safeguard funds always.
Long
by JSAL
12
SLP/USDT Ready For a Breakout From Descending Channel? 👀🚀💎Paradisers, get set for a potential game-changer with #SLPUSDT! The price reaches the above level of the descending channel and is ready for a bullish breakout. Currently, with support at $0.00346, there's a high probability that it will smash through the channel. 💎If #SmoothLovePotion cannot maintain this energy and dips below the $0.00346 support, it might signal a deepening bearish trend and might reach the next vital demand zone at $0.00319. This level is renowned for its liquidity and has historically triggered notable bullish recoveries. 💎If NASDAQ:SLP revisits this demand zone, achieving a robust rebound is essential for sustaining support. However, failing to do so could amplify bearish forces, sour market sentiment, and potentially catalyze further price drops. 💎Keep your strategies dynamic and your eyes peeled, Paradisers. Your ParadiseTeam is closely monitoring the situation and is prepared to navigate you through the unfolding dynamics of the #SLP market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
$SLP is turning resistence into support on daily 1D frameNASDAQ:SLP Smooth Love Potion is holding nicely over several suports It is holding above 200MA 1D, above 200EMA 1D and above long term fib level And it is retesting as a support the anterior blue resistence! Bollinger Band is narrowing (gray) and there is also strong support from Visible Range Volume past trades (horizontal bars on right) As the target of the down wedge has already been achieved (pink arrow), it may be forming a kind of a triangle on these last 20 days
by CCCLopes
1
Alikze »» SLP | Continuation of the 3rd or C ascending waveIn the weekly time, it has gone through a complex correction cycle, which has suffered a range for more than 623 days, which has faced a motivational wave with the bottom of the range of 0.001299, and finally, with the failure of this concentration, it is completing a pullback to the golden zone. If the green box area is maintained, it must touch the specified targets. According to the current momentum, it is currently in rising wave 3 or C, which will have the ability to continue moving up to the 1.618 Fibo range. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
4
SLP/USDT Anticipating a Breakthrough to Key Resistance? 🚀SLP💎 Paradisers, gear up for a potentially lucrative trading opportunity with #SLPUSDT, as it nears a crucial resistance point, indicating an imminent market move. 💎 A glance at #SLP's recent performance reveals a promising trend, with the asset overcoming its previous high and signaling a shift towards bullish sentiment. Currently, as the price edges closer to the significant resistance at $0.004238, a break above this level with continued momentum could usher in a bullish advance towards the $0.005682 resistance. 💎 Should NASDAQ:SLP honor the $0.004238 resistance and encounter rejection, savvy traders, here's our cue: a bullish rebound from the lower Fair Value Gap (FVG) area is anticipated, whereas a descent below this region might trigger a notable bearish downturn.
Long
by MyCryptoParadise
2
SLP/USDT Breaking Out From a Triangle Channel | What's Next? 💎 Paradisers, focus on SLPUSDT, as it enters a critical phase in the market. The asset is indicating a potential to break from a triangle channel pattern. 💎 Examining #SmoothLovePotion's market behavior, we see it has consistently followed a triangle channel. Currently, SLP is expected to retest a former resistance level, which now serves as support at $0.0028. There’s a considerable chance that SLP might use this support as a launchpad for a bullish trend, aiming for the key supply level at $0.0039. 💎 However, given the dynamic nature of the crypto market, #SLP traders need to be ready for various outcomes. If SLP fails to maintain its bullish path, a shift in the market's direction might be on the horizon. Traders may then have to adjust their focus, possibly targeting a bullish recovery from a lower support level at $0.00246. 💎 Crucially, if SLP falls below this secondary support, it would call for a significant strategy change. This development might indicate challenges in maintaining the bullish momentum, requiring traders to reevaluate and recalibrate their strategies. 💎 Stay tactical and adaptable, Paradisers. Your ParadiseTeam is committed to guiding you through these market changes, ensuring you are equipped for sound and strategic trading decisions.
Long
by MyCryptoParadise_Simon
3
ZRX FORMING A RISING WEDGE BINANCE:ZRXUSDT is forming a rising wedge, or a bearish wedge potentially could see a reversal from a day trading standpoint. In my technical analysis, the price has reached an essential key resistance level of $0.2720 or the .618 Fib retracement as shown in the chart below on a daily timeframe. RSI indicator is showing a bearish divergence wherein it forms a lower high and the price forms a higher high. Currently the price forms another higher high, the next resistance would be at $0.2967 if the price would push upwards based on the Fib retracement extension of 2.236. I could determine the next trendline as valid utilizing the back test process. If you're looking to trade this coin NOW, use this diagonal support as guide. It also formed divergence as well. If a breakdown confirmation happens, set partial take profits on the common support lines. I will try to update on that :) Always PLAN your trades and happy Halloween 🎃
Short
by luigi360swirl