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XLM long/short pivot point—who is positioned at 0.19108?
$XLM /USDT - Short SHORT
Trading plan:
Entry: 0.19072 – 0.19144
SL: 0.19453
TP1: 0.18849
TP2: 0.18677
TP3: 0.18418
Why focus on this structure?
- RSI 15m has reached 72.93; the short-term is overbought, and pullback pressure is building up.
- The 4h trend is clearly SHORT; only below the EMA support level 0.18841 is the safe zone.
- The current price is 0.19108, right at the focal point of the long/short battle—there’s more downside room than upside.
Discussion:
Will this move first reach TP1 at 0.18849, or will the bulls pull it back?