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XLM this bearish signal—are you brave enough to follow?
$XLM /USDT - SHORT
Trading plan:
Entry: 0.19075 – 0.19153
SL: 0.19488
TP1: 0.18833
TP2: 0.18646
TP3: 0.18365
Why focus on this structure?
A bearish signal on the 4-hour timeframe has already shown up. The 15-minute RSI at 56.62 isn’t overbought, and EMA support is near 0.19114. Why is it now? The 1D trend is ranging; the SHORT direction is confirmed. TP1 targets 0.18833, with risk under control. Wait for your entry—don’t chase the highs.
Discussion:
Do you expect the short position to first hit TP2 at 0.18646, or will it directly reverse and blow everyone up?