Most traders are still long XLM — here’s why I’m betting on the breakdown instead.



$XLM /USDT - SHORT

Trade Plan:
Entry: 0.20054 – 0.20268
SL: 0.21188
TP1: 0.19390
TP2: 0.18877
TP3: 0.18106

Why this setup?
4h SHORT bias armed at 0.20161 with 55% confidence. RSI 41.6 on 15m shows early bearish momentum, not exhaustion. ATR of 0.0043 gives tight risk for a range breakdown below 0.2005. TP1 at 0.1939 is a clean 3.8% move before any real support.

Debate:
If XLM loses 0.2005 here, do you trust the TP2 at 0.1887 or are you waiting for a retest of range highs?
XLM-4.09%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments