$XLM (1h) - Bearish Retracement Short


Bias: Short
Entry (Zone): 0.1940 - 0.1965
Targets:
TP1: 0.1895
TP2: 0.1855
TP3: 0.1810
Stop Loss: 0.2015
Why this Setup:
I see price grinding into a short-term supply area after a clean impulsive selloff, so I’m treating this bounce as a retracement unless it reclaims the higher resistance. I want to fade weakness here for a move back toward the recent lows and the next liquidity pockets below.
XLM-6.57%
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