$SLX is trading back into a supply zone where sellers may regain control.
Trading Plan Short $SLX
Entry: 0.527 - 0.543
SL: 0.585
TP1: 0.508
TP2: 0.487
TP3: 0.463
The recent recovery has carried price back into an area that previously acted as resistance. The move higher still appears corrective within the broader structure, while liquidity remains stacked beneath recent swing lows. If buyers fail to secure acceptance above resistance, a rotation lower toward those liquidity targets becomes increasingly likely.
trade $SLX here :
Trading Plan Short $SLX
Entry: 0.527 - 0.543
SL: 0.585
TP1: 0.508
TP2: 0.487
TP3: 0.463
The recent recovery has carried price back into an area that previously acted as resistance. The move higher still appears corrective within the broader structure, while liquidity remains stacked beneath recent swing lows. If buyers fail to secure acceptance above resistance, a rotation lower toward those liquidity targets becomes increasingly likely.
trade $SLX here :