Trading Plan Long SLX
$SLX hit the 1h lower BB, sweeping yesterday's low. Time to fade the dump.
Entry: $0.1114-$0.1147
Stoploss: $0.1065
Targets: $0.1175 / $0.1245 / $0.1360
SLX dumped hard into 0.1114 support. RSI is oversold. This is a clear bounce opportunity. OI jumped 9% on the flush, shorts piled in thinking breakdown. Now they are trapped. Taker sell volume aggressive, but support holds. Lose $0.1065, plan dead.
Trade $SLX here 👇
$SLX hit the 1h lower BB, sweeping yesterday's low. Time to fade the dump.
Entry: $0.1114-$0.1147
Stoploss: $0.1065
Targets: $0.1175 / $0.1245 / $0.1360
SLX dumped hard into 0.1114 support. RSI is oversold. This is a clear bounce opportunity. OI jumped 9% on the flush, shorts piled in thinking breakdown. Now they are trapped. Taker sell volume aggressive, but support holds. Lose $0.1065, plan dead.
Trade $SLX here 👇