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SLX: What kind of game are the main players setting up this bullish move?
$SLX /USDT - Go LONG
Trading plan:
Entry: 0.11408 – 0.11554
SL: 0.10569
TP1: 0.12165
TP2: 0.12621
TP3: 0.13306
Why focus on this structure?
• On the 4-hour timeframe, the long signal has been activated. RSI on the 15-minute pullback is 50.7, not overbought.
• Daily range consolidation: after a break of 0.11481, bullish momentum strengthened.
• This is the LONG entry window: TP1 0.12165, TP2 0.12621, stop loss 0.10569.
Discussion:
Will SLX hit TP2 first this round, or is it a fake breakout that lures buyers?