$SLX #SummerCreationCamp



Trade Plan: SLX/USDT Spot (1h Chart)

Current Price: 0.11611
Trend: Bearish (price below all MAs; MACD negative; KDJ oversold but weak)

Entry Zones

· Aggressive Entry: 0.1160–0.1165 (current zone, if price holds above 24h low)
· Conservative Entry: 0.1115–0.1120 (near 24h low, better risk/reward)

Stop-Loss

· Tight: 0.1100 (below 24h low)
· Wider: 0.1070 (below recent swing low on the chart)

Take-Profit Targets

1. TP1: 0.1195 (EMA10 / MA5 resistance)
2. TP2: 0.1205 (MA10)
3. TP3: 0.1280 (24h high & MA30 zone)

Risk Management (4x Leverage)

· Position size such that loss at SL ≤ 5% of portfolio
· Suggested risk per trade: 2–3% of account equity

Confirmation Signals (Wait for 1–2)

· Bullish divergence on MACD histogram
· KDJ J-line crossing above D-line from oversold (<20)
· Close above 0.1175 with volume

Invalidation

· Break and close below 0.1100 → bearish continuation, avoid longs

Recommendation: Wait for a bounce off 0.1115 or a confirmed breakout above 0.1175. Avoid chasing at current price unless strict stop-loss is used.
SLX3.28%
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