$SLP can be considered in #SHORT 📉
Locally, the coin behaves quite weakly + even if there is a wave structure formation, the foursquare can go strongly lower.
I enter on working volume at 0.00328$ and wait for a slight decline with the formation of a wedge or descending channel.
Targets: 0.003212$ - 0.003152$ - 0.003085$ ✅
Stop: 0.003453$ 🚫
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📊 ETH Analysis - Nov 29
ETH continues to accumulate volumes in the range of $2000 - $2125. Despite increasing highs, the upper boundary of this range still poses strong resistance.
Note that after breaking the descending channel, highlighted in the previous review, we have seen an unsuccessful retest from above.
Analyzing the volume profile, it's clear that selling pressure is gradually decreasing. So, following a brief accumulation phase, I anticipate a new attempt to surpass the $2125 level.
💡 Breaking the $2125 mark and establishing above would serve as a strong signal for a short-term ET

📊 BTCDOM Analysis - identifying the current market trend
Bitcoin dominance continues its correction in a descending structure, with each resistance retest proving unsuccessful - just today, it faced rejection from a key level.
At present, it's evident that the momentum is still expanding. Considering Elliott Wave theory, we've completed the final diagonal in wave 5, and the indicator is gearing up for further correction.
One observation stands out – the true altseason has yet to kick in. The early-month 1.5% drop in dominance coincided with strong pumps in the altcoin market, with the indicat