Who is XLM’s 4-hour chart fooling?
$XLM /USDT - SHORT
Trading plan:
Entry: 0.19202 – 0.19336
SL: 0.19916
TP1: 0.18784
TP2: 0.18460
TP3: 0.17974
Why watch this setup?
- The 1D trend is ranging, but the 4-hour direction has switched to SHORT, and the 55.4 confidence score is not baseless.
- The 15-minute RSI is only 40.5, the rebound is weak, and bears are taking over the short-term timeframe.
- The current price of 0.19269 is hugging the EMA, with TP1 at 0.18784 below, offering about 2.5% of room and a favorable risk-reward ratio.
- Key point: If 0.18808 breaks, the setup is invalidated,