Coinathlon

SLP long position

Long
BINANCE:SLPUSDT   SLP / TetherUS
Smooth love potion has reached its final support zone. If it break below here, there is no stopping it from going down to zero.

Apart from the support area, there is not much to say for SLP, but given the situation where this move looks exhausted, I believe this to be a worthwhile bet.

I'll look for a break of the red trendline and an increase in volume. If I see that, I'll enter with my SL set below the swing low.

What do you think?

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