On the 4-hour timeframe of SLX, who is secretly shorting?



$SLX /USDT - Short SHORT

Trading plan:
Entry: 0.15939 – 0.16123
SL: 0.16910
TP1: 0.15372
TP2: 0.14932
TP3: 0.14273

Why watch this structure?
- Current direction: SHORT, confidence 55.4%, the 4-hour cycle signal is clear.
- Why now? The 1-hour EMA shows price around 0.16031; the 15-minute RSI is 55.61, not overbought—trend still leans bearish.
- Reference ATR (1h=0.003663): volatility is moderate. TP1 is set at 0.15372, TP2 at 0.14932, and the risk-reward ratio is reasonable.

Discussion:
Will this leg of the bears hit TP2 first, or will it be a stop-hunt bounce?
SLX-7.41%
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