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🎖️$SLX | Short Setup $SLX
Entry: 0.27 – 0.29
Stop Loss: 0.32
TP1: 0.24
TP2: 0.21
TP3: 0.18
$SLX is trading near the 0.28 resistance region after a recent recovery, where price may face increased selling pressure. Momentum is beginning to slow, and failure to break above nearby resistance could trigger a corrective move lower.
If the 0.27–0.29 zone continues to reject price, a pullback toward lower liquidity levels around 0.24 and 0.21 becomes increasingly likely. A breakdown below short-term support could accelerate bearish momentum and open the path toward the 0.18 target.
The bearish setup remains valid while price remains below the 0.32 stop-loss level. A strong breakout above resistance would invalidate the short thesis and favor further upside.#OKXOrbitTopics

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