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$SLX Signal】Long + 1H bounce met resistance then capital support
$SLX 4H volume surge peaked and fell to 0.2467 then quickly recovered, 1H Bollinger lower band got support and bounced, order book buy depth ratio 16.92%, orders are dense around 0.269. Current risk-reward ratio about 1.5 times, stop loss distance less than 1%, risk controllable.
🎯Direction: Long
⚡Entry/Limit order: 0.26918 - 0.26999
🛑Stop loss: 0.26729
🚀Target 1: 0.27404
🚀Target 2: 0.27606
🛡️Trade Management: - Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price drops back to entry, exit automatically to protect capital.
1H MACD histogram negative values narrowing, bearish momentum exhausted; 4H RSI 65 not overbought, mid-term still has room.
Check real-time market 👇 $SLX
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