Holds SLP, Targeting 0.0024 With 30% Potential

Sep 17

Hello✌️
Let’s analyze Smooth Love Potion’s price action both technically and fundamentally 📈.

🔍Fundamental analysis:
SLP’s supply cap and burn program aim to keep tokens scarce, which could ease selling pressure if done consistently. But since Axie’s team adjusts it monthly, there’s still some execution risk.

📊Technical analysis:
SLP is trading within a descending channel, approaching strong daily support and a key trendline; a breakout above the marked resistance could drive a 30% rally toward 0.0024. 📉🚀


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Sep 24

Trade active