Technical analysis by MMBTtrader about Symbol SLP: Buy recommendation (11/7/2025)

Technical Outlook: SLPUSDT As observed, the price of SLPUSDT is currently trading within a defined descending channel, reflecting a clear bearish trend. However, we are monitoring for a potential breakout above the channel's upper resistance. A decisive and volume-backed break of this resistance could invalidate the current bearish structure. Such a breakout would likely signal a significant trend reversal, potentially initiating a strong bullish impulse with substantial upward momentum. We will await confirmation with a daily close above the resistance before projecting specific price targets. DISCLAIMER: ((trade based on your own decision)) <