SLX around 0.188 – reversal top or continuation pattern?
$SLX /USDT – SHORT
Trade Plan:
Entry: 0.18615 – 0.19031
SL: 0.20820
TP1: 0.17326
TP2: 0.16327
TP3: 0.14830
Why this structure?
- 4h direction SHORT, 1D range-bound, RSI 15m 58 not overbought, no reversal signal.
- Current price 0.18823 within the entry zone, TP1 0.17326 (8% room), SL 0.20820 (10% risk).
- Why now? Range top + bearish signal, risk-reward reasonable, waiting for breakdown confirmation.
Discussion:
Do you think it hits TP1 0.173 first, or stops out at 0.208 first?

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