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SLX long signal is being hidden. Is RSI 45 a trap or a starting point?
$SLX /USDT - LONG
Trade Plan:
Entry: 0.17748 – 0.18066
SL: 0.15927
TP1: 0.19392
TP2: 0.20382
TP3: 0.21867
Why pay attention to this structure?
4-hour level LONG signal, confidence 77.4, 1D in range oscillation. Current RSI 45 is near the oversold zone, ATR 0.006 shows mild volatility. Entry price 0.17907, TP1 0.19392 (+8.3%), TP2 0.20382 (+13.8%), SL 0.15927 (-11%). Why now? Lower edge of the range + RSI neutral low, long side win rate higher than short side.
Discussion:
Will this move reach TP1 first and then accelerate, or directly retrace to SL?