SLERF price surged by 18% in the last 24 hours, reaching $0.2405, continuing its positive performance over longer time frames.

Attempting to Breach Resistance

A positive trend has been observed on SLERF’s 4-hour chart, with the price breaking above the ascending trend line and trying to convert the major resistance level at $0.2301 into support. Closing a 4-hour candle above this level within 12 hours may extend the bullish trend.

Waning Bullish Momentum

Technical indicators reveal a decline in SLERF’s bullish momentum. RSI values have started to decrease, hinting at buyers exiting the market. The MACD histogram also implies a decrease in short-term growth potential.

Consolidating Staking Rewards

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Current trends and technical indicators suggest a potential price correction for SLERF, but the Crypto All-Stars platform offers new income opportunities for meme coin investors.