SLP struggle to break out and if that happen...
#SLP/USDT
SLP is above the ascending trend line and tries to break out the ascending channel which is the same with resistance around $0.0054.
🐮 break out from this resistance will increase the price toward ascending resistance zone and in long term, we can expect the price continues uptrend move to touch the 0.382 fib level of the last weekly swing down.
🐻 nearest support is around $0.0043 that is the same with ascending support, and price should hold it for upward move
SLP is above the ascending trend line and tries to break out the ascending channel which is the same with resistance around $0.0054.🐮 break out from this resistance will increase the price toward ascending resistance zone and in long term, we can expect the price continues uptrend move to touch the 0.382 fib level of the last weekly swing down.
🐻 nearest support is around $0.0043 that is the same with ascending support, and price should hold it for upward move
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