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XLM bulls’ last escape window?
$XLM /USDT - Short SHORT
Trading plan:
Entry: 0.18588 – 0.18646
SL: 0.18891
TP1: 0.18412
TP2: 0.18275
TP3: 0.18069
Why focus on this structure?
- 4-hour timeframe confirms the SHORT direction, 95% high confidence, clearly bearish on the 1D trend
- RSI on the 15-minute timeframe is only 38.98; the bearish momentum hasn’t exhausted, and the 1-hour EMA is clearly suppressing price
- Current price is 0.18617; TP1 at 0.18412, TP2 at 0.18275, with SL set at 0.18891
Discussion:
Will this move reach TP2 first, or will it lure a long and rebound up to 0.18891 before getting smashed again?