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SLX Short Alert: 4H EMA bearish crossover confirmed, RSI breaks below 35!
$SLX /USDT - SHORT
Trade plan:
Entry: 0.11540 – 0.11716
SL: 0.12471
TP1: 0.10996
TP2: 0.10575
TP3: 0.09943
Why pay attention to this setup?
- The 4-hour timeframe short signal is activated; the 15-minute RSI has already fallen to 35.26, and selling pressure remains.
- Key resistance 0.11628 is being suppressed; the probability of a short-term rebound is low, and there’s plenty of downside room for TP1/TP2 (0.10996→0.10575).
- Why now? Within the 1D consolidation range, short momentum has just kicked off, and the shorting risk-reward is optimal.
Discussion:
Will this SLX hit TP2 first, or is it a trap with a false breakdown and a rebound spike?