SLX Short Alert: Does RSI 44 Suggest a Bounce Is Ending?



$SLX /USDT - SHORT

Trading Plan:
Entry: 0.13456 – 0.13622
SL: 0.14337
TP1: 0.12941
TP2: 0.12541
TP3: 0.11943

Why focus on this structure?
- 4H-level short signals activated; entry price 0.13539, stop loss 0.14337 (-5.9%)
- RSI on 15M is only 44.04; momentum is bearish, and the 1D trend is in a ranging zone
- Near-term support at 0.13456; if it breaks, TP1 0.12941 (-4.4%) is possible
- Why now? EMA doesn’t show long protection; short win rate 55%

Discussion:
Will this bearish move hit TP2 first at 0.12541, or is it a liquidation wick bounce?
SLX-6.27%
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