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Most traders think XLM is bottoming—here’s why the 4h chart says they’re wrong.
$XLM /USDT - SHORT
Trade Plan:
Entry: 0.17336 – 0.17446
SL: 0.17917
TP1: 0.16996
TP2: 0.16733
TP3: 0.16338
Why this setup?
• 95% confidence short signal armed at 0.17391, with 1D trend still bearish.
• RSI on 15m is 32.23—not oversold enough to reverse a 4h downtrend.
• Why now? Price is rejecting resistance near 0.17446, and ATR shows momentum is weak. The path of least resistance is down to TP1 at 0.16996.
Debate:
Are you shorting XLM here, or waiting for a retest of 0.17917 to add size?