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Everyone is buying SLX—I’m watching the trap get set at 0.14988.
$SLX /USDT - SHORT
Trade Plan:
Entry: 0.14898 – 0.15078
SL: 0.15850
TP1: 0.14341
TP2: 0.13910
TP3: 0.13264
Why this setup?
RSI on 15m is 63.63—not oversold, no bullish divergence. The 1D trend is range, not breakout. With a 55% short confidence and TP1 at 0.14341, the path of least resistance is down—right now.
Debate:
Are you shorting this bounce or waiting for a fakeout above 0.15078?