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SLX is building a reversal around 0.1225—don’t get washed out by the chop.
$SLX /USDT - Go LONG
Trade plan:
Entry: 0.1217 – 0.1233
SL: 0.1131
TP1: 0.1295
TP2: 0.1342
TP3: 0.1413
Why focus on this setup?
- 4H bullish signals are clear; RSI on 15m is only 28.59, deep in oversold territory—an immediate rebound could be triggered.
- The entry zone is 0.1217–0.1233; TP1 at 0.1295 (+5.7%), TP2 at 0.1342 (+9.5%).
- The 1D trend is ranging, but 77% confidence supports LONG; stop-loss at 0.1131 keeps risk controlled.
Discussion:
Will this SLX first reach TP2, or is it a bull trap?