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Everyone is bullish on SLX but the 4h chart just screamed SHORT.
$SLX /USDT - SHORT
Trade Plan:
Entry: 0.36364 – 0.37744
SL: 0.43681
TP1: 0.32084
TP2: 0.28771
TP3: 0.23801
Why this setup?
• RSI on 15m is 35.28—already weak momentum, not oversold enough to bounce.
• 1D trend is range, meaning no strong uptrend to save you.
• Entry ref at 0.37054 with TP1 at 0.32084 gives a 13% drop before any squeeze risk.
• Why now? The confidence score is 55—not max, but enough to front-run the breakdown.
Debate:
Do you trust the 4h SHORT signal, or is this a trap before a fake pump to 0.42?