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Most traders will miss XLM’s real move—it’s not the breakout you think.
$XLM /USDT - LONG
Trade Plan:
Entry: 0.19319 – 0.19547
SL: 0.18010
TP1: 0.20501
TP2: 0.21212
TP3: 0.22280
Why this setup?
4H time frame shows a 77% confidence LONG bias with RSI at 38.13 on the 15m—oversold in a range. Entry at 0.19433 with a tight SL at 0.18010 gives a 3:1 risk-to-reward to TP1 at 0.20501. Why now? The range trend on 1D suggests accumulation, not distribution.
Debate:
Is this a dead cat bounce before the dump, or the start of a 15% rip to TP2?