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Everyone’s bullish on XLM, but the 4h chart just flashed a trap signal most will ignore.
$XLM /USDT - SHORT
Trade Plan:
Entry: 0.19439 – 0.19571
SL: 0.20135
TP1: 0.19032
TP2: 0.18717
TP3: 0.18245
Why this setup?
RSI on 15m hit 73.81—overbought in a range-bound trend. Price is hovering at 0.19505, the exact short entry ref. With ATR tight at 0.0026, a rejection here could slide to TP1 at 0.19032 fast. Why now? The 1D trend is flat, and shorts have a 55% confidence edge—momentum is fading, not building.
Debate:
Are you shorting XLM at 0.195 or waiting for a fakeout above 0.196?