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Everyone is still bullish on XLM, but the 4h chart just whispered something terrifying.
$XLM /USDT - SHORT
Trade Plan:
Entry: 0.18268 – 0.18356
SL: 0.18734
TP1: 0.17996
TP2: 0.17785
TP3: 0.17468
Why this setup?
Why now? The 1D trend is range, not uptrend. RSI on 15m is 49.05—neutral, not oversold. With a SHORT bias at 55% confidence, the entry ref of 0.18312 sits right at resistance, while ATR shows low volatility. This is a classic trap setup for a breakdown toward TP1 at 0.17996 or lower.
Debate:
Are you watching for a fakeout above 0.18356 or a direct drop to 0.17996?