$SLX 24-hour trading volume reached 200 million, but the price dropped from 0.5395 to 0.4887, clearly a pump-and-dump washout play. No need to panic with this volatility—set disciplined stop-loss orders and let profits come from patience.

My plan is simple: take 0.5x position in the 0.4800-0.4850 range at current price, with stop-loss at 0.4650. If it breaks, it's a false breakout, admit the mistake and exit. Take profit in two tiers: first target 0.5200, second target 0.5450. If it opens and directly breaks above 0.5000, wait for a pullback to 0.4900 without breaking, then add 0.3x position; total position should not exceed 0.8x. Note: the 24h low of 0.3588 is the support bottom line. If it breaks below 0.4700 with volume, definitely do not go long; wait for 0.4200 before considering.
The core of this trade is betting that the 30-minute pullback won't break the previous low; the fact that trading volume hasn't shrunk indicates there's buying support. The stop-loss is set at a 0.015 wide range to leave room for volatility, not to hold on to a losing position. Don't rush to chase just because you see red—how many people were trapped at 0.5395? I called for buying around 0.4200 last week; now I won't be greedy on the rally, only trade the swings I can understand.
Final reminder: on-chain data shows no abnormalities, retail turnover is relatively high, and the main players haven't run. My tag is "Swing Hunter, Only Eat the Fish Body," not a permanent bull. Remember, no trades outside the plan.