$SLX 3.5x volume burst confirms strong displacement — buyers are showing real intent.
My 1h bias remains bullish with daily structure aligned with BTC. The +2.5% move looks like expansion rather than a random spike, but weekly is still ranging, so I’m waiting for a pullback instead of chasing highs.
Key levels:
- Hold above 0.07518 → 0.07700–0.07770 supply
- Breakout target: 0.08134
- Preferred long zone: 0.06980–0.06890
- Confirmation: liquidity sweep + reclaim, bullish engulfing or 5m MSS
- TP1: 0.07518
- TP2: 0.07700
- TP3: 0.07770
- TP4: 0.08134
- Bearish flip: 1h/structure close below 0.06673
Flow: OI $3.1M (+20.0% 24h) · Funding +0.0050% · Taker 0.89x
The setup favors buying confirmed pullbacks, not fading a high-volume expansion with a blind short.
Not investment advice. Educational report only.
#SLX #CryptoTrading #Altcoins #BinanceSquare #Crypto $SLX
My 1h bias remains bullish with daily structure aligned with BTC. The +2.5% move looks like expansion rather than a random spike, but weekly is still ranging, so I’m waiting for a pullback instead of chasing highs.
Key levels:
- Hold above 0.07518 → 0.07700–0.07770 supply
- Breakout target: 0.08134
- Preferred long zone: 0.06980–0.06890
- Confirmation: liquidity sweep + reclaim, bullish engulfing or 5m MSS
- TP1: 0.07518
- TP2: 0.07700
- TP3: 0.07770
- TP4: 0.08134
- Bearish flip: 1h/structure close below 0.06673
Flow: OI $3.1M (+20.0% 24h) · Funding +0.0050% · Taker 0.89x
The setup favors buying confirmed pullbacks, not fading a high-volume expansion with a blind short.
Not investment advice. Educational report only.
#SLX #CryptoTrading #Altcoins #BinanceSquare #Crypto $SLX