$SLX 1H Setup Still Favors Sellers Below Key Resistance
LIMIT ORDER
$SLX SHORT SELL
ENTRY: 0.5996–0.6046
TP1: 0.5623TP2: 0.4878TP3: 0.4534
SL: 0.6594–0.6699
Market Outlook (1H)
$SLX current market structure remains bearish with sellers maintaining control below the 0.6046 resistance area. A short entry is favored on a weak bounce into the 0.5996–0.6046 zone if bearish confirmation appears through rejection or a lower timeframe shift in structure. Downside targets are 0.5623, 0.4878, and 0.4534 if selling pressure continues
LIMIT ORDER
$SLX SHORT SELL
ENTRY: 0.5996–0.6046
TP1: 0.5623TP2: 0.4878TP3: 0.4534
SL: 0.6594–0.6699
Market Outlook (1H)
$SLX current market structure remains bearish with sellers maintaining control below the 0.6046 resistance area. A short entry is favored on a weak bounce into the 0.5996–0.6046 zone if bearish confirmation appears through rejection or a lower timeframe shift in structure. Downside targets are 0.5623, 0.4878, and 0.4534 if selling pressure continues