SLX bulls beware—on the 4-hour timeframe there’s a hidden short trap!



$SLX /USDT - SHORT to open a short position

Trading plan:
Entry: 0.10776 – 0.10890
SL: 0.11385
TP1: 0.10419
TP2: 0.10143
TP3: 0.09729

Why focus on this structure?
- RSI 15m is in the neutral zone at 49.95, but the 1-hour EMA is suppressing at 0.10833—direction is clear SHORT.
- Daily range trading: 4-hour shorts have the upper hand; TP1 0.10419 and TP2 0.10143, with a strict stop-loss at 0.11385.
- Why now? RSI isn’t oversold yet, and short momentum hasn’t been released—this is the trend-following entry window.

Discussion:
Do you take profit at TP1 0.10419, or go straight for TP2 0.10143? Where do you set your stop-loss?
SLX-7.80%
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