$XLM | 4H Market Structure Insight
Price has been respecting a descending H4 bearish trendline, while multiple pushes into highs were clearly selling into buy-side liquidity.
Each move above was followed by strong rejection—a classic sign of smart money distribution.
We can see repeated liquidity grabs ($$$) above internal highs, confirming that upside moves were used to trap late buyers.
🔍 Current Observation:
• Price has now reacted strongly from a well-defined demand zone, showing signs of absorption.
• The previous downside break looks like a fakeout, followed by demand for respect—often seen before reversals or deeper retracements.
• The market is currently attempting to reclaim structure while approaching the trendline again.
📌 Key Scenarios Ahead:
• If price breaks and closes above the H4 trendline, this may indicate a shift in market character, targeting buy-side liquidity resting above.
• Failure at the trendline could lead to another range continuation before expansion.
⚠️ This is a probability-based market view, not financial advice.
Always wait for confirmation and manage risk properly.
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