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I’m shorting $SLX /USDT while everyone else is still looking for the bottom.
$SLX /USDT - SHORT
Trade Plan:
Entry: 0.16166 – 0.16398
SL: 0.17393
TP1: 0.15449
TP2: 0.14894
TP3: 0.14061
Why this setup?
RSI on 15m is 58—still room to drop before oversold. 4h trend is range, but my short setup targets TP3 at 0.14061 with a tight SL at 0.17393. Why now? The 1h Pivot at 0.16282 just got rejected, and ATR shows volatility is compressing—breakout is imminent.
Debate:
Are we getting a fakeout to 0.16398 before the dump, or is this the real deal?