đ $SLX â Mixed structure, rejection at 0.53951.
Price 0.48272 â above MA7 (0.44852) and MA99 (0.45415), but below MA25 (0.47443) â mixed structure with bullish short-term tilt. 24h high 0.53951 got rejected. Volume is solid â USDT 198M. Today +12%.
What I see:
· Price is above MA7/99 â short-term bulls in control.
· Rejection at 0.53951 â resistance is real.
· MA25 is above â bears still have a chance.
My play:
Break above 0.53951 â continuation to 0.55+.
Hold MA7 (0.44852) â bulls stay in control.
Lose MA7 â pullback to 0.45415 (MA99).
Verdict: Mixed structure. Bulls need to break above MA25 (0.47443) to take full control. Watch the break.
Are you in or waiting? đ
#SLX #TechnicalAnalysis_Tickeron #BinanceSquare
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Not financial advice. DYOR.
Price 0.48272 â above MA7 (0.44852) and MA99 (0.45415), but below MA25 (0.47443) â mixed structure with bullish short-term tilt. 24h high 0.53951 got rejected. Volume is solid â USDT 198M. Today +12%.
What I see:
· Price is above MA7/99 â short-term bulls in control.
· Rejection at 0.53951 â resistance is real.
· MA25 is above â bears still have a chance.
My play:
Break above 0.53951 â continuation to 0.55+.
Hold MA7 (0.44852) â bulls stay in control.
Lose MA7 â pullback to 0.45415 (MA99).
Verdict: Mixed structure. Bulls need to break above MA25 (0.47443) to take full control. Watch the break.
Are you in or waiting? đ
#SLX #TechnicalAnalysis_Tickeron #BinanceSquare
---
Not financial advice. DYOR.
