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SLX short signal has been triggered—what are you waiting for?
$SLX /USDT - short SHORT
Trading plan:
Entry: 0.10885 – 0.11003
SL: 0.11511
TP1: 0.10518
TP2: 0.10235
TP3: 0.09809
Why focus on this setup?
- On the 4H timeframe, the bearish direction is clear; rebounds are weak under EMA suppression.
- RSI on 15m is only 53, not in the overbought zone yet—the bearish momentum is building up.
- Current entry price is 0.10944; TP1 at 0.10518 is right within reach, with ample room to TP2 at 0.10235.
- Why now? 1D is ranging, but the 4H bearish structure is already in place—waiting for confirmation means missing the best risk-reward.
Discussion:
Will this move first hit TP1 or directly smash through TP2? Where are you setting your SL?