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$XLM $XLMUSDT (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.2460 - 0.2490
Targets:
TP1: 0.2395
TP2: 0.2355
TP3: 0.2300
Stop Loss: 0.2535
Why this Setup:
I’m watching for a rejection under the recent 0.25 to 0.27 supply area, since price has already lost momentum after the push higher and is starting to roll over. I want a short only if price fails to reclaim the local range and turns down from resistance, with room for a move back toward the lower support levels.