SHORT $SLX - RESISTANCE ZONE TARGETED $0.4850-$0.4950 🔥
Entry: $0.4850 - $0.4950 🔥
Target 1: $0.4500 🚀
Target 2: $0.4200 🚀
Target 3: $0.3800 🚀
Stop Loss: $0.5250 ⚠️
This supply zone coincides with a 4H order block and a previous breaker structure. The rejection from $0.5250 suggests sellers are absorbing bids at this level. Volume declining on the retest further weakens the case for continuation higher.
Three targets allow disciplined scaling — partial closes at $0.4500 and $0.4200 lock profit while the final target catches any structural breakdown. Price is at the zone right now; timing matters. Are you entering here or waiting for a higher retest?
Not financial advice. Always manage your risk.
#SLX #ShortSetup #Resistance #Crypto
⚡
Entry: $0.4850 - $0.4950 🔥
Target 1: $0.4500 🚀
Target 2: $0.4200 🚀
Target 3: $0.3800 🚀
Stop Loss: $0.5250 ⚠️
This supply zone coincides with a 4H order block and a previous breaker structure. The rejection from $0.5250 suggests sellers are absorbing bids at this level. Volume declining on the retest further weakens the case for continuation higher.
Three targets allow disciplined scaling — partial closes at $0.4500 and $0.4200 lock profit while the final target catches any structural breakdown. Price is at the zone right now; timing matters. Are you entering here or waiting for a higher retest?
Not financial advice. Always manage your risk.
#SLX #ShortSetup #Resistance #Crypto
⚡