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$SLX Fake rise. It probably won't break 0.67, then it will keep falling... Scaring short traders to close positions, then it keeps falling... Falling too much, shorts won't dare to enter; falling too much, most people will try to bottom-fish. The whale usually does this...
It has to pull back, otherwise it won't work; shorts holding will only get scared off and then be smashed again... Not breaking the previous high is because they don't want shorts to keep entering
Let longs enter.