$SLX /USDT 4-hour short signal—trap or real breakout?



$SLX /USDT - SHORT

Trading plan:
Entry: 0.10974 – 0.11112
SL: 0.11704
TP1: 0.10547
TP2: 0.10216
TP3: 0.09720

Why focus on this structure?
Direction: SHORT, confidence 55.4%. Current price 0.11043 is near EMA resistance; 15-minute RSI is only 31.32, with weak momentum. Why now? 1-hour ATR is only 0.002756, indicating volatility contraction, ahead of the night before the breakout. If it breaks below 0.10974, the short targets TP1 at 0.10547, with a stop-loss at 0.11704.

Discussion:
Will this move first hit TP2 at 0.10216, or will it fake a rally to 0.11539?
SLX-10.08%
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