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Most traders ignore this one RSI signal on XLM — and it’s flashing exit.
$XLM /USDT - SHORT
Trade Plan:
Entry: 0.20441 – 0.20707
SL: 0.21849
TP1: 0.19617
TP2: 0.18980
TP3: 0.18023
Why this setup?
The 15-minute RSI at 38.22 is still below 40, confirming weak momentum. With a 4H SHORT bias at 55% confidence and price hovering near range resistance at 0.20574, the setup favors a breakdown toward TP1 at 0.19617. The 1H ATR of 0.0053 keeps risk tight.
Debate:
Is the 0.20574 level the last stop before a cascade to 0.18, or will XLM fake out and squeeze?