SLP / TetherUS
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SLP Bearish Divergence

126
SLPUSDT

Support Levels: 0.001650 (recent low, first target for a drop).
0.001004 (deeper support, longer-term target).

Resistance: 0.002696 (recent high, potential stop loss level).

Trade Setup:
Target 1: 0.001650 (short-term, ~25% drop).
Target 2: 0.001004 (long-term, ~50% drop if bearish trend strengthens).

Stop Loss: 0.002696 (above recent high, ~25% above current price).

RSI Analysis: The RSI shows a bullish divergence (price making lower lows while RSI makes higher lows), suggesting potential upward momentum. Current RSI is around 69.70, nearing overbought territory (>70), so caution is advised.

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