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#SLX Data analysis from Aice100 shows that when $SLX price is around $0.20247, the 24-hour price change is -9.39%.
The general idea is a quick short-term pullback, with funds somewhat eager to exit.
But don’t forget, 47% of short positions are still profitable. The fee rate is at -0.039%, indicating weak bearish sentiment. Waiting for support to be established before looking for a rebound is also fine.
Below $0.1964 is the critical support line, with $0.20753 acting as the first resistance.
Open interest: 10.1887 million → 15.3578 million (up 50.7%)
Major trader long-short ratio: 0.53 → 0.56 (bearish dominance)
Active support: Active buy orders are dominant, with a net increase of +3.2% (buying 379 million / selling 356 million)
Forum posting discussion activity: surged by 22,333.3% (from 3 to 673)