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$SLX /USDT 4-hour timeframe bearish signal is armed—are you game to follow it?
$SLX /USDT - SHORT (sell)
Trading plan:
Entry: 0.16640 – 0.16854
SL: 0.17776
TP1: 0.15975
TP2: 0.15461
TP3: 0.14689
Why focus on this structure?
- Current price is 0.16747; RSI 15m is only 46.1—weakness hasn’t rebounded.
- The 1D trend is in a range; the 4h bearish signal has been triggered. TP1=0.15975, TP2=0.15461.
- Why now? RSI hasn’t bottomed out, and bearish momentum is still there. The entry range is 0.16640–0.16854.
Discussion:
Will this move reach TP2 first, or is it a bull trap?