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$XLM (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.1880 - 0.1910
Targets:
TP1: 0.1845
TP2: 0.1810
TP3: 0.1775
Stop Loss: 0.1955
Why this Setup:
I’m looking for continuation lower after the recent rejection from the 0.19–0.20 supply area, with momentum still fading on the 1h chart. I want a clean pullback or weak bounce into resistance before price rotates back toward the recent lows.