SLP Approaching Pivot Area, 0.002020 Target in Sight With 30%

[MadWhale]

Fundamental analysis:
Uniswap v3 is heading to Ronin in Q2 2026 with $1.5M liquidity rewards for SLP pairs. More liquidity means smoother trades and possibly stronger SLP use across gaming and DeFi.

Technical analysis:

SLPUSDT
is currently moving within a descending channel, approaching a key trendline and two major monthly support levels. If this zone manages to hold, a potential rebound of around 30% toward the 0.002020 area could be in play.