XLM 4-hour level hides danger, 55% win rate short order is loaded



$XLM /USDT - SHORT

Trading Plan:

Entry: 0.19235 – 0.19343
SL: 0.19806
TP1: 0.18901
TP2: 0.18643
TP3: 0.18255

Why pay attention to this structure?

- Clear signal: bearish on 4h timeframe, RSI 15m only 49.18, momentum neutral to weak
- Range consolidation for 1 day, breakout direction is likely downward, current price 0.19289 is close to EMA resistance
- Stop loss set at 0.19806, risk-reward ratio over 1:3, TP1=0.18901 directly catches the pullback

Discussion:

Is this short position a fake breakout below the range or a real drop to TP2? Have you placed an order?
XLM-6.90%
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134Ceros
· 6h ago
Enter short order now, this pair is retesting the resistance area, if it loses 0.192 then it can go down to 0.186 easily.
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