Trading Setup Shows SLP Ready For 0.0024 Target Move

[MadWhale]

Hello️
Let’s analyze Smooth Love Potion’s price action both technically and fundamentally .

Fundamental analysis:
SLP’s supply cap and burn program aim to keep tokens scarce, which could ease selling pressure if done consistently. But since Axie’s team adjusts it monthly, there’s still some execution risk.

Technical analysis:
SLP is trading within a descending channel, approaching strong daily support and a key trendline; a breakout above the marked resistance could drive a 30% rally toward 0.0024.

We put love into every post!
Your support inspires us Drop a comment we’d love to hear from you! Thanks, Mad Whale

[Nahid10]

Solid breakdown I’ve been watching SLP closely, this channel breakout could be huge

[jacson4]

Solid breakdown I’ve been watching SLP closely, this channel breakout could be huge