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$SLX (15M) — Bearish 📉
$SLX Trade Plan (Safe Short)
Entry: 0.2790–0.2820
SL: 0.2865
TP1: 0.2700
TP2: 0.2620
TP3: 0.2520
$SLX Analysis: Price is rejecting from the 0.299 resistance after a parabolic rally. Momentum is cooling and lower highs are forming on the 15M chart. Unless buyers reclaim 0.2865, a pullback toward 0.2700 and lower remains the higher-probability move.
Alternative (Aggressive Long) 🚀
Entry: Above 0.2865 breakout
SL: 0.2780
TP1: 0.2950
TP2: 0.3050
Shorts have the edge for now, but a clean reclaim of 0.2865 would invalidate the bearish setup.