SLX short at 0.16523, aiming to liquidate longs?



$SLX /USDT - SHORT

Trade Plan:
Entry: 0.16372 – 0.16674
SL: 0.17975
TP1: 0.15434
TP2: 0.14708
TP3: 0.13619

Why watch this structure?
- 4H bearish signal confirmed; 15m RSI at 48.47 (neutral-weak); 1H ATR only 0.006 – volatility narrowing.
- Entry 0.16523, TP1 at 0.15434 (-6.6%), TP2 at 0.14708 (-11%), SL at 0.17975 (+8.8%), risk-reward ratio 2.4:1.
- 1D trend range-bound, shorts dominant in short term, but 55% confidence not absolute – watch for false breakout.

Discussion:
Reduce at TP1 first, or go straight to TP2? Share your plan in the comments.
SLX14.97%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned