โ ๏ธ $SLX /USDT had a massive rally, but the current setup favors a short-term correction ๐
๐ Market analysis:
SLX surged strongly but failed to hold above the 0.55 resistance and is trading well below the 0.69 daily high. Momentum is fading after the explosive move, while sellers are becoming more active around current levels. Unless buyers reclaim 0.55 with strong volume, the higher-probability setup is a short-term pullback.
๐ Entry: 0.520 โ 0.535
๐ฏ TP1: 0.499
๐ฏ TP2: 0.459
โ Stop Loss: 0.553
Click below to take trade ๐
๐ Long: 38% | Short: 62% โ ๏ธ Risk: Medium (38%)
๐ฃ KEY MOVE: If 0.551 resistance holds, a move toward 0.499 โ 0.459 โ 0.447 is likely.
$BAS
$VELVET
#SLXUSDT #SOLRises9%
๐ Market analysis:
SLX surged strongly but failed to hold above the 0.55 resistance and is trading well below the 0.69 daily high. Momentum is fading after the explosive move, while sellers are becoming more active around current levels. Unless buyers reclaim 0.55 with strong volume, the higher-probability setup is a short-term pullback.
๐ Entry: 0.520 โ 0.535
๐ฏ TP1: 0.499
๐ฏ TP2: 0.459
โ Stop Loss: 0.553
Click below to take trade ๐
๐ Long: 38% | Short: 62% โ ๏ธ Risk: Medium (38%)
๐ฃ KEY MOVE: If 0.551 resistance holds, a move toward 0.499 โ 0.459 โ 0.447 is likely.
$BAS
$VELVET
#SLXUSDT #SOLRises9%