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I’ve been watching $SLP for a few days and something just doesn't feel right about this slow climb.
Price is crawling up with those small green candles, but we are coming right up against that resistance zone around 0.00067 where it got rejected hard last time.
The order book is almost a 50/50 split right now, so it’s a total tug of war. If the volume stays this thin, we might see a fakeout before any real move happens.
I’m personally looking for a solid close above the recent local high before I even think about a long.
Anyone else getting "trap" vibes or do you think it finally has the legs to break out?
#WCTCTradingChallengeShare8MUSDT