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SLX is in the oversold zone—are you brave enough to catch this knife?
$SLX /USDT - Go LONG
Trade plan:
Entry: 0.12544 – 0.12698
SL: 0.11661
TP1: 0.13341
TP2: 0.13821
TP3: 0.14540
Why watch this setup?
- The 15-minute RSI drops to 24.02, extremely oversold— a rebound is about to happen.
- The 4-hour long/short signals are clear: LONG direction, confidence 77.4.
- Current 0.12621 is near the support zone, and the “buy low” window is open.
Discussion:
For this move, with entry at 0.12621, should we first target TP1 at 0.13341 or go straight for TP2 at 0.13821?