Something big is brewing with $SLP ‌ and most people are looking the other way.

Check out that wick reaching up to 0.00073. It’s a classic sign that the bulls tried to run away with it but got slapped back down. Right now we’re hovering at 0.000662. It’s a bit of a stalemate.

The price action over the last few days has been consistently making higher lows which is actually pretty decent to see. We have some solid support sitting around the 0.00064 mark. As long as we stay above that, the dream of another leg up stays alive.

The volume is okay but not explosive. If we can flip 0.00070 into support, we might actually see some real fireworks. But if we lose 0.00064, it’s probably going back to the boring 0.00059 range.

I'm keeping a close eye on the bay wall. There's a bit of interest building up there.

Are you guys betting on a breakout or just watching from the sidelines for now?

#Gate13thAnniversaryLive