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#SLX Garbage—you can cut it. Anyone who can’t control the market is garbage. Don’t expect anything; at least don’t expect strength.
1. Short-term traders don't need to rush into bottom-fishing; first prioritize observing whether the recent low at 0.162 can hold. If it withstands multiple tests, a narrow-range consolidation bottoming process will begin.
2. Near the token unlock point, volatility spikes will increase. After a brief wick break through the support level, a quick recovery is possible. Stop-loss placement should leave room for slippage.
3. To confirm a temporary bottom, two signals are needed as evidence: significantly increased volume absorbing selling pressure and the 30-minute timeframe indicator completing a bottom divergence inflection.
Overall, this is just an accelerated decline triggered by the early realization of unlock expectations. The tiered support levels below are clear, and this is the panic phase of the downtrend, not a bottomless drop. It will gradually find a suitable oscillating bottom range later. Pay attention to the risk of correlation with the broader crypto market, as unusual movements in external markets could alter the original bottoming rhythm.