This sell-off just gave the answer: the pressure on $SLX at the highs is not a fake move. The prior rebound looked fierce, but every time it surged up, it failed to sustain. A lot of people got carried away by the surface-level fluctuations; the real weakness was actually hidden in the speed of the pullback.

I was watching whether SLX could hold the key level. As a result, after it broke down, the rebound lacked strength, showing that the shorts had started taking over the pace. Short entries near 0.21605 were very straightforward: as long as the upper key level isn’t reclaimed, we treat it as downside continuation.

Now the price is at 0.17913, profit is +336.92%, and the trend extension is obvious. Along the way, some people hesitated, and some were afraid of a pullback, but trading isn’t about who can shout louder—it’s about who can execute at the critical levels.

With the profit already in, splitting into 80/20 portions is more comfortable. Keep the stop/protection level moving up—don’t let gains give back heavily. If you didn’t get in, don’t chase the drop—don’t chase orders. Wait for the next rebound confirmation, and then trade again at a more comfortable level.

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