Are XLM bulls panicking? A top structure has appeared on the 4-hour chart.



$XLM /USDT - SHORT

Trade Plan:
Entry: 0.18132 – 0.18220
SL: 0.18600
TP1: 0.17858
TP2: 0.17646
TP3: 0.17328

Why pay attention to this structure?
- The daily trend is clearly bearish, and the 4-hour EMA bearish alignment is suppressing price.
- RSI on the 15-minute is only 51.79, the rebound momentum is weak and unable to break above the midline.
- The current price of 0.18176 has just touched the 1-hour resistance zone, with a short stop loss at 0.18600, giving a risk-reward ratio of 2.5:1.
- Why now? The rebound has reached a key level + a high-probability short signal, which is exactly the entry window.

Discussion:
Will it first hit TP1 at 0.17858, or will it spike up to lure longs before dropping?
XLM-1.08%
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