$SLX is breaking down hard through support.
SHORT $SLX
Entry: $0.4270 - $0.4300
S.L: $0.4650
Targets 🎯
TP 1: $0.3850
TP 2: $0.3600
Full tp: $0.3350
Thesis:
$SLX showing massive selloff after rejecting the recent high, breaking through multiple support levels with strong bearish momentum. Price currently trading near 0.42767 after collapsing below key support zones, confirming sellers in full control. Next major support sits at lower demand area with volume accelerating the downtrend.
SHORT $SLX
Entry: $0.4270 - $0.4300
S.L: $0.4650
Targets 🎯
TP 1: $0.3850
TP 2: $0.3600
Full tp: $0.3350
Thesis:
$SLX showing massive selloff after rejecting the recent high, breaking through multiple support levels with strong bearish momentum. Price currently trading near 0.42767 after collapsing below key support zones, confirming sellers in full control. Next major support sits at lower demand area with volume accelerating the downtrend.