XLM bulls’ final celebration? Bearish signals on the 4-hour timeframe have already flashed.



$XLM /USDT - Short

Trading plan:
Entry: 0.19162 – 0.19274
SL: 0.19753
TP1: 0.18817
TP2: 0.18550
TP3: 0.18149

Why focus on this structure?
- Current price is 0.19218. The 15-minute RSI is 62.96, approaching the overbought zone—short-term momentum is fading.
- The 4-hour trend is biased to the downside; the 1-hour EMA pressure is clearly visible. TP1 at 0.18817 is already within touching distance.
- Why now? The upper edge of the daily ranging zone is meeting resistance; the short-side risk/reward is 1:2.5, and the best entry point is in.

Discussion:
Will this first dump hit TP2 at 0.18550, or will it fake out with a breakdown and then violently rally back? Where did you set your stop-loss for your short position?
XLM0.56%
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