$XLM is pressing into overhead supply — short setup activates on rejection.
$XLM / USDT — SHORT
Trade Plan • Entry: 0.181 – 0.183
• SL: 0.187
• TP1: 0.177
• TP2: 0.175
• TP3: 0.172
Why this setup?
This is a rules-based short. The daily trend remains bearish, defining the bias, while execution is refined on the 4H timeframe. Price is now trading directly into a well-defined supply zone where previous rallies failed.
The entry zone is fixed — the trade is not. Patience is key. We wait for rejection and confirmation before engagement. Lower-timeframe RSI is not oversold, leaving room for continuation to the downside.
A clean move toward 0.177 is the first objective.
Any acceptance above 0.196 fully invalidates the thesis and shifts the structure bullish.
The question now:
➡️ Rejection and continuation to 0.177?
➡️ Or reclaim above 0.196 and a squeeze higher?
👇 Trade it and drop your bias in the comments.
