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Most traders are ignoring the silent breakdown happening on SLX right now.
$SLX /USDT - SHORT
Trade Plan:
Entry: 0.17313 – 0.17623
SL: 0.18953
TP1: 0.16355
TP2: 0.15612
TP3: 0.14499
Why this setup?
4H timeframe just armed a SHORT signal with 55% confidence. Price is stuck in a 1D range, but RSI on 15M is already at 48.86—neutral zone giving room to drop. Entry zone is tight: 0.17468. First target is 0.16355, a clean 6.4% move. The setup is clear, the bias is short, and the range is ready to break.
Debate:
Are you shorting SLX at 0.17468 or waiting for a retest of 0.17623?