Sellers in complete control — $SLX crashed hard from $0.39561 and is now testing $0.26490, down 26.22% with price still printing lower lows.
$SLX is showing sustained bearish momentum, with no confirmed reversal candle and the session down -17.71% at current levels.
Trade Setup:
Entry: $0.26490 – $0.30072
Target: $0.35664 / $0.41256
Stop Loss: $0.24480
132.38M USDT volume against 419.60M SLX traded shows moderate liquidity. Price has made consecutive lower highs and lower lows from $0.39561 peak; a break below $0.24480 would extend the downtrend, while reclaiming $0.30072 would be needed to test resistance again.
Let's go and Trade now $SLX
#Write2Earn
Disclaimer: This is my personal on-chain analysis and not financial advice. Always do your own research before trading.
$SLX is showing sustained bearish momentum, with no confirmed reversal candle and the session down -17.71% at current levels.
Trade Setup:
Entry: $0.26490 – $0.30072
Target: $0.35664 / $0.41256
Stop Loss: $0.24480
132.38M USDT volume against 419.60M SLX traded shows moderate liquidity. Price has made consecutive lower highs and lower lows from $0.39561 peak; a break below $0.24480 would extend the downtrend, while reclaiming $0.30072 would be needed to test resistance again.
Let's go and Trade now $SLX
#Write2Earn
Disclaimer: This is my personal on-chain analysis and not financial advice. Always do your own research before trading.