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Everyone’s still bullish on XLM, but the 4h chart just whispered something ugly.
$XLM /USDT - SHORT
Trade Plan:
Entry: 0.21028 – 0.21158
SL: 0.21714
TP1: 0.20627
TP2: 0.20317
TP3: 0.19851
Why this setup?
RSI on the 15m is bleeding at 39—momentum is already exhausted. Trend is range, not breakout. Primary short entry at 0.21093 with TP1 at 0.20627 gives us a 2.2% move before any bounce. Why now? Because the 1h ATR is tight (0.0026), meaning the next move could snap fast.
Debate:
Are you waiting for a lower confirmation or jumping in at 0.21093 with a tight SL?