Technical analysis by Zorroreny about Symbol SLIM: Buy recommendation (5/29/2025)

SLIM had a long lasting correction similar to one made in 2023 where it also formed corrective channel. There is a weak bullish divergence on weekly timeframe which can ignite impulse for breakout of the channel.Comparing SLIM with XRP we see similar algo in play where XRP once it broke out of channel ran to ATH. I expect similar move from SLIM, testing ATH range with potential push to fibb 1.272 extension before significant correction.