SLPUSDT
is showing signs of going to the $0.09 price level. From there, most likely it will retrace back to $0.0864 and then have an explosive run-up to $0.0953
You can simply enter long and wait for $0.0953 to take profit or you can enter long, take profit at $0.09. After that place a short trade with take profit at $0.0864 and then go long again (as the arrows suggest).
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You can simply enter long and wait for $0.0953 to take profit or you can enter long, take profit at $0.09. After that place a short trade with take profit at $0.0864 and then go long again (as the arrows suggest).
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Trade closed: stop reached:
Analysis got invalidated as we didn't have hourly close outside of the resistance zone.