Technical analysis by MMBTtrader about Symbol SLP: Buy recommendation (1/1/2026)

SLPUSDT is currently trading near a major daily support zone while simultaneously approaching a significant resistance confluence, consisting of both the upper channel boundary and a key descending trendline. A decisive daily close above this combined resistance zone, particularly with a noticeable increase in trading volume, would signal a strong bullish breakout. In such a scenario, the measured move from the breakout level could project an initial upside target in the range of a 2x–3x advance, with potential for further continuation depending on sustained momentum and market structure alignment. DISCLAIMER: ((trade based on your own decision)) <