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The SLX short signal has been activated—55% win rate. Do you dare to follow?
$SLX /USDT - SHORT
Trading plan:
Entry: 0.11018 – 0.11138
SL: 0.11650
TP1: 0.10649
TP2: 0.10363
TP3: 0.09934
Why focus on this setup?
- On the 4-hour timeframe, it’s bearish. RSI on the 15-minute chart is 61.93, nearing the overbought zone, and pullback pressure is increasing.
- The current price is 0.11078, and the EMA lines are clearly acting as resistance. The short entry zone is 0.11078–0.11138.
- Target TP2 is at 0.10363, with a risk-reward ratio of 1:2.3.
Discussion:
Will this move hit TP2 first, or will it be a bull trap and bounce back up to the SL?