The Supply increase and Daily Dump was a everyday game for SLP specially When AXS was pumping SLP was Dumping But this 0.088 seems to be the floor from last 2-3 days supply has not risen I have an eye on slp price and supply both and news floating of supply management mechanism in Axie Infinity game for SLP might be done by The team hence, Entering SLP on Spot...
Fundamentals:- Most lagging DEX token just check its competitors inch also has sizable amounts of trades and eth locked in contract it stays in top 5 in terms of various pools Technical :- Seems it has taken the support and a phase of accumulation was going on will enter 5 to 5.5 ladder buy orders aiming to targets of 7,9,10 after 1st target or entry will be the...
In this kind of setup the pumpamentals are high enough Rsi is on oversold levels Pattern making a bull Flag Needs a breakout Tried breaking 2 times but retraced Fundamentally one of the least market cap on Coinbase The Recent events pushing for Internet privacy could be a +ve sign for OXT their vitrual confrence priv8 on march 6 also could be a big...
will like to take the trade if it forms this kind of setup, and yes if BTC behaves on $33k levels Looking for a entry at 13-14$ The TPs will be 17$, 21$, 25$, 28$, 30$ and the stop loss will be at 10$ safer side. Just observing the setup for a potential entry
The analysis is based on MACD and as well as support, MACD behavior and its implications are seen on chart same might get repeated If able to catch at $16 then that might be a good entry. Tps will be at $20, $26, $32, $36 for this trade will go for a stop loss of 10$ safe or 12$ if BTC moments are strong act accordingly Manage risks