SLPUSDT channel breakout ahead and massive pump SLP / TetherUSBINANCE:SLPUSDTMMBTtraderThe current price action of SLP reflects a prolonged bearish trend, with the token consistently establishing new all-time lows—a dynamic that has understandably resulted in a significant portion of holders facing unrealized losses. From a technical perspective, this extended decline may also be viewed as a potential basing or accumulation phase, often preceding a strong reversal. The key technical development to monitor is a decisive breakout above the prevailing descending trendline. Such a breakout, confirmed by a sustained increase in buying volume, would be the first strong signal of a potential trend reversal. In this scenario, the initial measured move could project a rally in the vicinity of +300%. Should momentum accelerate further following a successful breakout, the structure of such a basing pattern could support longer-term projections of 5x to 6x gains. However, these more ambitious targets are contingent on a sustained shift in market structure and continued strong buyer participation. DISCLAIMER: ((trade based on your own decision))