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SLX short signal set up in ambush—4-hour EMA death cross imminent?
$SLX /USDT - SHORT
Trading plan:
Entry: 0.11773 – 0.11911
SL: 0.12509
TP1: 0.11342
TP2: 0.11008
TP3: 0.10508
Why focus on this setup?
- Current price 0.11842, RSI 15m is only 45.45, weak consolidation.
- 1D trend is sideways, but the 4h bearish direction is already confirmed; TP1 = 0.11342, risk-reward ratio 2.5:1.
- Why now? ATR 1h is only 0.0028—low volatility makes it easy to break; the bearish acceleration window is already open.
Discussion:
Will this move reach TP2 0.11008 first, or is it going to fake a move up to 0.11911 and then drop?