XLM: A 4-hour bearish signal has already lit up—are you still daring to chase longs?



$XLM /USDT - Short SHORT

Trading plan:
Entry: 0.1912 – 0.1920
SL: 0.1951
TP1: 0.1890
TP2: 0.1873
TP3: 0.1847

Why focus on this structure?
- Current price 0.1916, RSI(15m)=65.84 is close to overbought, and short-term momentum is fading.
- The 1D trend is ranging; the 4h direction is clearly bearish, with the EMA moving average system being suppressive.
- Key resistance is 0.1928. If it breaks, the signal fails; otherwise, the bearish logic holds.

Discussion:
Are you planning to take profit on this short at TP1, or are you betting on accelerated downside to TP2?
XLM1.55%
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