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$SLX | 1h | Momentum Breakout
Bias: Long
Entry Zone: 0.455 to 0.467
Stop Loss: 0.439
Targets:
TP1: 0.500
TP2: 0.550
TP3: 0.600
Invalidation:
Close below 0.439
Why This Setup:
I’m leaning long while price holds above the breakout area and recent higher lows. The move has strong expansion and volume support, so I’m looking for continuation after a shallow retest or consolidation above the prior resistance.