In my previous SLP analysis, I said that there is a high probability of a higher low in place at 0.015 and after a spike to 0.025 the coin started to consolidate above 0.02.
I'm bullish as long as the price is above 0.015 and a buy at this moment could have a 1:3 risk: reward if we target 0.045 previous high.
However, a return of optimism in the crypto market could drive the price even higher at 0.06
A drop under 0.015 would delay this bullish outlook.