SLX/USDTMost traders just watched SLX dump—I’m watching a 77% confidence long setup form in the 4h range.



- LONG

Trade Plan:
Entry: 0.17359 – 0.17545
SL: 0.16296
TP1: 0.18319
TP2: 0.18897
TP3: 0.19764

Why this setup?
Why now? RSI on 15m is oversold at 41.96, while 1h ATR shows tight volatility at 0.0037. The trend is range-bound, but entry ref at 0.17452 with TP1 at 0.18319 gives a clean 5% risk-to-reward. Waiting status means the trap door hasn’t slammed yet.

Debate:
Is this a dead cat bounce or the start of a squeeze to 0.19764?
SLX-8.95%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned