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XLM bullish signal scores 84, but the daily chart is still falling?
$XLM /USDT - Go LONG
Trading plan:
Entry: 0.17844 – 0.17912
SL: 0.17449
TP1: 0.18200
TP2: 0.18414
TP3: 0.18736
Why focus on this setup?
- 4-hour LONG signal, entry at 0.17878, RSI on the 15-minute chart 43.48, not overbought.
- Although the daily chart is slightly bearish, the ATR is only 0.001375; after volatility contracts, it often bursts.
- Why now? Low-level range consolidation for accumulation, with TP1 0.18200 right in front of you.
Discussion:
Will this move first push to TP2 0.18414, or will the daily chart cap it and pull back for a squeeze play?