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$SLX /USDT 4H LONG Signal, RSI Low Point Ambush?
$SLX /USDT - LONG
Trading Plan:
Entry: 0.18034 – 0.18382
SL: 0.16041
TP1: 0.19833
TP2: 0.20917
TP3: 0.22542
Why pay attention to this structure?
Current price 0.18208, 15-minute RSI is only 41.61, at the edge of oversold. 4-hour trend is bullish, within the 1-day consolidation range, EMA support is valid. Enter LONG now, TP1 0.19833, TP2 0.20917, stop loss 0.16041. Why now? RSI low point + lower edge of consolidation range, high rebound potential.
Discussion:
Will this LONG hit TP1 first, or break out directly after consolidation?