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SLX is about to change direction, 4-hour LONG signal has been issued!
$SLX /USDT - Long LONG
Trading Plan:
Entry: 0.15692 – 0.16062
SL: 0.13566
TP1: 0.17610
TP2: 0.18766
TP3: 0.20499
Why focus on this structure?
- RSI (15min) is only 36.64, oversold zone, bounce imminent.
- 4-hour EMA bullish alignment, support at 0.15877, target TP1=0.17610.
- Today's trend is choppy, but the LONG signal has 77% confidence, a dip-buying opportunity.
Discussion:
Will SLX hit TP1 first or retrace directly?