$SLP Short Signal 📉

Current price for $SLP is 0.000998 on the 1H timeframe. The prevailing trend appears bearish, supported by technical indicators.

Price action shows lower highs and lower lows, indicating downward momentum. Moreover, the price is currently trading below the MA(7), MA(25), and MA(99), reinforcing the bearish outlook.

For potential short entries, consider the range of 0.00100 – 0.00102.
Targets for this signal are set at:
TP1: 0.00097
TP2: 0.00095
TP3: 0.00092

A strict Stop Loss (SL) should be placed at 0.00106 to manage potential risks effectively.

Always prioritize robust risk management by using low leverage. Trade with caution and remember this is not financial advice.