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Everyone’s buying $SLX /USDT—I’m watching the 15m RSI hit 74.1, and that’s usually the kiss of death in a range.
$SLX /USDT - SHORT
Trade Plan:
Entry: 0.20857 – 0.21159
SL: 0.22462
TP1: 0.19918
TP2: 0.19191
TP3: 0.18101
Why this setup?
4h bias is SHORT at 55% confidence. Price is stuck in a 1D range, and with RSI overbought on the 15m, the local pump is losing steam. Entry ref at 0.21008—if we reject here, TP1 at 0.19918 is the first trapdoor.
Debate:
Are you fading this micro-pump or waiting for the 4h confirmation to short?