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$XLM (1H) - Breakdown Short
Bias: Short
Entry (Zone): 0.2108 - 0.2145
Targets:
TP1: 0.2068
TP2: 0.2035
TP3: 0.2000
Stop Loss: 0.2198
Why this Setup:
I’m looking for continuation to the downside as price loses the recent support area and keeps making lower highs. I want a retest into local resistance before the next leg lower, with room toward the prior swing lows if sellers stay in control.