What are XLM bulls waiting for? The 4-hour shorts have locked in a 95% win rate



$XLM /USDT - to short SHORT

Trading plan:
Entry: 0.18375 – 0.18449
SL: 0.18764
TP1: 0.18148
TP2: 0.17972
TP3: 0.17708

Why focus on this structure?
- The 1-day trend is clearly bearish; the 4-hour EMA is capping the price at 0.18412.
- RSI on the 15-minute chart is only 48.16; the rebound lacks strength, and bearish momentum is building.
- ATR is only 0.001467; after a tight range consolidation, a breakdown is highly likely.
- Enter SHORT now; TP1: 0.18148, TP2: 0.17972, with SL strictly at 0.18764.

Discussion:
Will this wave hit TP2 first, or will it be a bull trap that blows up the shorts?
XLM2.81%
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