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Is the final frenzy for XLM longs? A 95% win-rate bearish signal has been triggered.
$XLM /USDT - Short SHORT
Trading plan:
Entry: 0.18806 – 0.18862
SL: 0.19103
TP1: 0.18632
TP2: 0.18497
TP3: 0.18295
Why focus on this setup?
- 4-hour level bearish confirmation, 1-day trend down; RSI on the 15-minute is 67.39, close to overbought.
- Current price is 0.18834, right at the EMA resistance zone, rebound lacks strength.
- Why now? Bearish momentum is building; once price breaks below 0.18806, the target points to TP1 0.18632.
Discussion:
Will this SHORT hit TP2 at 0.18497 first, or will 0.18862 form a false breakout to lure longs?