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Everyone is buying the dip on $SLX /USDT — I’m waiting for the rug.
$SLX - SHORT
Trade Plan:
Entry: 0.5515993 – 0.5604807
SL: 0.6913661
TP1: 0.4545454
TP2: 0.3868824
TP3: 0.2853878
Why this setup?
RSI on 15m is 72.33 (overbought) while 1D trend is range. The 4h EMA structure confirms exhaustion near 0.5560. TP1 short at 0.4545 is 18% away. Why now? Overbought + range = mean reversion setup.
Debate:
If you saw RSI at 72 and a 84% short confidence score, would you fade the breakout or wait for a lower entry?
#Get2SharesOfSKHynixAtZeroCost