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Everyone’s ignoring SLX while the RSI just flashed a 15m oversold bounce signal.
$SLX /USDT - LONG
Trade Plan:
Entry: 0.24741 – 0.25505
SL: 0.20359
TP1: 0.28696
TP2: 0.31078
TP3: 0.34651
Why this setup?
Why now? The 4h bias is LONG at 77% confidence, and price is holding above the 0.25123 entry ref. With RSI at 30.65 on the 15m, we’re seeing a classic range-low reversal setup—tight stop at 0.20359, upside to TP1 at 0.28696. The ATR is low, meaning volatility is compressed; breakouts here are explosive.
Debate:
Is this the calm before a 14% pump to TP1, or a fakeout trap in the range?