Chibuike_Odoh

SLP/USDT { SMOOTH LOVE POTION } - BULLISH SETUP

Long
BINANCE:SLPUSDT   SLP / TetherUS
ANALYSIS 🔎
- SLP/USDT is retesting the all-time low support.
- There is a relatively high concentration of buyers at this zone.
- There's a potential formation of the bullish double bottom pattern.
- Breakout above the double bottom neckline resistance could be a bullish signal.

BUY ENTRY ⬆️
- Conservative entry: breakout above the double bottom neckline resistance (@0.1037).
- Aggressive entry: current market price.

TARGETS 🎯
- Horizontal resistance levels.

SETUP INVALIDATION ❌
- Breakdown below the all-time low support (@0.0551).

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