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Everyone is buying $SLX /USDT—I just closed my long and flipped short.
$SLX /USDT - SHORT
Trade Plan:
Entry: 0.19674 – 0.20004
SL: 0.21420
TP1: 0.18653
TP2: 0.17862
TP3: 0.16676
Why this setup?
RSI at 45 on 15m shows no momentum, and 4h ATR of 0.0066 suggests weak volatility. With trend stuck in range and confidence at 55, the path of least resistance is down to TP1 at 0.18653. Why now? Entry at 0.19839 is already losing steam—don’t chase the dead bounce.
Debate:
Will SLX hit 0.18653 before a fakeout traps bears?