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$XLM /USDT (short-term continuation)

Trade type: Sell

Trade signal:

Entry: 0.236 USDT (latest live price on Binance)

Stop loss: 0.248 USDT

Target 1: 0.224 USDT

Target 2: 0.212 USDT

Analysis:

XLM/USDT futures contracts are currently trading around the mid $0.23 range with resistance appearing near current levels, with limited upside potential.

Short-term technical indicators reflect a bearish bias, as the price has failed to move strongly above nearby resistance and remains within a broader downward range across multiple time frames.

Support areas at $0.224 and $0.212 align with recent lows, making them logical targets for setting up short sales.

The current market structure at this level favors a short-term continuation sell scenario.