XLM bearish signal this time—do you dare to follow it?



$XLM /USDT - SHORT

Trading plan:
Entry: 0.18581 – 0.18647
SL: 0.18929
TP1: 0.18377
TP2: 0.18220
TP3: 0.17983

Why focus on this structure?
- On the 4-hour timeframe, it's clearly bearish; the 1-day trend has stayed bearish, and a 95% high-confidence signal has already triggered.
- RSI on the 15-minute chart is 50.92, neutral to slightly weak; rebounds lack strength, and bearish momentum is building.
- Current price is 0.18614, closely under EMA resistance; below, TP1 is 0.18377, TP2 is 0.18220, and the room is clear.
- Why now? Trend confluence + high-confidence setup; lower odds of a bull trap—this is the golden window to short in line with the trend.

Discussion:
Will this hit TP2 first, or will it bait with an upside rebound before dropping? Drop your view in the comments!
XLM-2.45%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned