XLM just ripped 23 percent in 3 days — now hitting a wall of resistance with exhausted volume.
$XLM $0.2041 Short TP $0.1980 SL $0.2072
1h RSI hit 76.7 overbought after a parabolic 6-hour surge, and the rejection candle at $0.2078 printed 21M volume followed by a doji with just 814K — buyers have vanished.
The V-bounce from the 0.1688 low ran 14.4% in 6 hours without any pullback; volume collapsed 96% on the last candle, classic exhaustion setup for a mean reversion toward the 0.198 support.
DYOR
$XLM $0.2041 Short TP $0.1980 SL $0.2072
1h RSI hit 76.7 overbought after a parabolic 6-hour surge, and the rejection candle at $0.2078 printed 21M volume followed by a doji with just 814K — buyers have vanished.
The V-bounce from the 0.1688 low ran 14.4% in 6 hours without any pullback; volume collapsed 96% on the last candle, classic exhaustion setup for a mean reversion toward the 0.198 support.
DYOR