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Is the XLM bearish signal 95%? This drop is only just getting started.
$XLM /USDT - Short SHORT
Trading plan:
Entry: 0.18693 – 0.18755
SL: 0.19021
TP1: 0.18501
TP2: 0.18353
TP3: 0.18130
Why focus on this structure?
- 4-hour SHORT signal, confidence 95%, the daily trend is clearly bearish.
- Current price 0.18724 is tightly under EMA resistance; RSI on the 15m chart is only 47.33, rebounds have no strength.
- Why now? ATR on 1h is only 0.001237; volatility is low. A break below 0.18693 could accelerate the move to TP1 0.18501.
Discussion:
Before TP2 0.18353, will you place additional orders to add, or wait for a rebound to short?