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$XLM | 1h | Bearish Rejection Setup
Bias: Short
Entry Zone: 0.2015 to 0.2045
Stop Loss: 0.2085
Targets:
TP1: 0.1965
TP2: 0.1925
TP3: 0.1885
Invalidation:
Close above 0.2085
Why This Setup:
I’m seeing price fail to reclaim the 0.205-0.208 resistance band after the recent rally, with repeated lower highs and active selling near the current range.
If 0.200 support gives way, I expect a move back toward the prior liquidity pockets below.
#GateSquareMayTradingShare