Trading Plan Short $SLX
$SLX rejected 0.078 resistance after a 1H BB squeeze.
Entry: $0.07706-$0.07841
Stoploss: $0.08150
Targets: $0.07500 / $0.07150 / $0.06650
SLX failed to break 0.078, printing a clear wick. Taker sell volume aggressive, pushing price down. OI dropped 7.6% yesterday, shorts getting active. Top traders biased long, stuck from the recent pump. BB contracting on 1H, ready for expansion down. Reclaim $0.07920, short voided.
Trade $SLX here š
$SLX rejected 0.078 resistance after a 1H BB squeeze.
Entry: $0.07706-$0.07841
Stoploss: $0.08150
Targets: $0.07500 / $0.07150 / $0.06650
SLX failed to break 0.078, printing a clear wick. Taker sell volume aggressive, pushing price down. OI dropped 7.6% yesterday, shorts getting active. Top traders biased long, stuck from the recent pump. BB contracting on 1H, ready for expansion down. Reclaim $0.07920, short voided.
Trade $SLX here š