TradingLS

$SLP movement in the Short/Mid-Term

Long
BINANCE:SLPUSDT   SLP / TetherUS
For the $SLP Holders, it was a long and painful last 30 days, for the buyers, we could see a huge upside considering the buying opportunity.
in the next days of the week, I expect that the price will find support below the current price, and explode towards the 0.21 resistance zone, and to 0.337 after that. If not, we could be seeing the $SLP reaching its all-time lows, in the process I took the RSI divergence and the S/R levels that the price action had a reaction to since way back.
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.