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Is the XLM bull market down to its last breath? 4-hour shorts have been locked in
$XLM /USDT - SHORT
Trading plan:
Entry: 0.18382 – 0.18454
SL: 0.18767
TP1: 0.18156
TP2: 0.17982
TP3: 0.17720
Why focus on this setup?
- 95% confidence SHORT signal, clear bearish pressure from EMA bearish alignment
- The daily trend is decisively bearish; the current 0.18418 is the rebound limit
- RSI on 15m is only 51.44, lacking upside momentum, high probability of a bull trap
- Target TP1 0.18156 → TP2 0.17982, with a strict risk-controlled SL at 0.18767
Discussion:
Will this drop first to TP2 and then rebound, or will it jab straight through to sweep the SL?