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I saw SLX at 0.34. Told myself "wait for the dip." 🤡
The dip came. 0.22.
Now everyone's screaming "buy the dip."
I'm screaming "the dip is dipping."
It's not that I don't believe in a bounce. I do. But right now, the market is showing weakness. That little move from 0.22 to 0.23? That's not strength – that's exhaustion.
If 0.235 breaks, I'll admit I'm wrong. Until then, I'm riding it lower.
Entry: 0.224
SL: 0.235
Targets: 0.215 / 0.205
This is my risk. If you enter, it's yours.$SLX