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Everyone’s bullish on XLM, but the 4h chart just screamed SHORT at 55% confidence.
$XLM /USDT - SHORT
Trade Plan:
Entry: 0.20155 – 0.20441
SL: 0.21676
TP1: 0.19265
TP2: 0.18576
TP3: 0.17543
Why this setup?
- RSI on 15m is at 43.73—bearish momentum is building, not exhausted.
- 1D trend is “range,” meaning no strong support to catch a falling knife.
- Entry zone at 0.20298 with TP1 already set at 0.19265—that’s a 5% drop before any bounce.
- Why now? ATR on 1h is tight (0.00574), so a break below 0.20155 triggers a cascade.
Debate:
Are you shorting XLM into 0.19265, or waiting for a fakeout trap first?