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$SLX /USDT is building up momentum on the 4-hour timeframe—LONG signal is already lit!
$SLX /USDT - Go LONG
Trading plan:
Entry: 0.13503 – 0.13663
SL: 0.12579
TP1: 0.14336
TP2: 0.14838
TP3: 0.15591
Why focus on this structure?
- Current price 0.13583, the 1-hour EMA support is solid, and RSI(15m) 37.69 is oversold with a bounce.
- A 4-hour bullish structure: TP1 0.14336, TP2 0.14838, with a clear risk-reward ratio.
- Why now? RSI is at a low level + EMA support; after a short-term stop-hunt move, it’s likely to push higher.
Discussion:
Will this move reach TP1 0.14336 first, or will it break straight through TP2 0.14838? What do you think?