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SLX short ambush, 4-hour level signal armed.
$SLX /USDT - SHORT
Trading Plan:
Entry: 0.18878 – 0.19204
SL: 0.20602
TP1: 0.17870
TP2: 0.17090
TP3: 0.15920
Why pay attention to this structure?
- Trend: 1D sideways, 4H bearish dominant, RSI 15m only 47.95, momentum weak.
- Entry: 0.19041, short TP1 0.17870 (-6.2%), TP2 0.17090 (-10.3%), SL 0.20602.
- Why now? ATR 1h only 0.0065, volatility contraction, breaking above previous high 0.19204 confirms bearish structure.
Discussion:
Will SLX hit TP2 first this time, or fakeout bounce then drop?