SLX 4H timeframe bearish signal, RSI on 15M breaks below 46—any rebound may already be capped.



$SLX /USDT - SHORT

Trading plan:
Entry: 0.15640 – 0.15806
SL: 0.16524
TP1: 0.15122
TP2: 0.14721
TP3: 0.14120

Why focus on this setup?
Why now?
- The 1D trend is range-bound, but the 4H direction is clearly SHORT, and RSI on 15M has fallen from the overbought zone to 45.68, with momentum weakening.
- Entry reference at 0.15723, TP1 at 0.15122, TP2 at 0.14721, with a risk-reward ratio of about 1:2.5.
- If it breaks below 0.15640, the short move will accelerate; otherwise, be alert for a bull trap.

Discussion:
Will this move reach TP1 first, or will it directly bait a long rebound?
SLX-6.11%
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