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SLX short sellers are lurking. Do you dare to follow?
$SLX /USDT - Short SHORT
Trading Plan:
Entry: 0.19069 – 0.19405
SL: 0.20845
TP1: 0.18031
TP2: 0.17227
TP3: 0.16021
Why pay attention to this structure?
- Signal direction: SHORT, confidence 55.4%, bearish on the 4h level.
- Current price 0.19237, near 4h EMA resistance, RSI 15m at 51.52 in neutral zone, room to move down.
- Why now? 1D trend is oscillating, but short TP1 at 0.18031 (-6.3%), risk-reward ratio is clear.
Discussion:
Will SLX drop directly to TP1 this time, or rebound first and then fall?