$SLX BREAKDOWN CONFIRMED – BEARS IN FULL CONTROL BELOW RESISTANCE 🔥
Entry: 0.1725 – 0.1745 🔥
Target: 0.1665, 0.1605, 0.1555 🚀
Stop Loss: 0.1788 ⚠️
The breakdown from the key support zone is clean and accompanied by consistently lower highs and lower lows on the 4H. Each rally into the resistance area has been sold into sharply, with volume increasing on bearish candles. This structure suggests sellers are stacking orders above the current range.
The next liquidity target lies below the previous swing low at 0.1555. Are you shorting here or waiting for a retest of the entry zone?
Not financial advice. Always manage your risk.
#SLX #ShortSetup #Breakdown #Bearish #Crypto
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Entry: 0.1725 – 0.1745 🔥
Target: 0.1665, 0.1605, 0.1555 🚀
Stop Loss: 0.1788 ⚠️
The breakdown from the key support zone is clean and accompanied by consistently lower highs and lower lows on the 4H. Each rally into the resistance area has been sold into sharply, with volume increasing on bearish candles. This structure suggests sellers are stacking orders above the current range.
The next liquidity target lies below the previous swing low at 0.1555. Are you shorting here or waiting for a retest of the entry zone?
Not financial advice. Always manage your risk.
#SLX #ShortSetup #Breakdown #Bearish #Crypto
⚡