$SLX /USDT 4H Setup: RSI Oversold Bounce, Retail Still Panicking?



$SLX /USDT - LONG

Trade Plan:
Entry: 0.19351 – 0.19765
SL: 0.16978
TP1: 0.21493
TP2: 0.22783
TP3: 0.24718

Why Focus on This Structure?
- 1H EMA support at 0.19558, 15M RSI dropped to 34.2 (near oversold), short-term bearish momentum exhausted.
- Trend 1D range-bound, 4H structure unbroken, current price is in the accumulation zone of the range.
- Why now? High probability of RSI bouncing from low, and ATR 0.00827 shows moderate volatility, suitable for left-side positioning.

Discussion:
Will it hit TP1 0.21493 first, or fake a rally and retrace to 0.19351?
SLX-4.55%
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