$XLM /USDT – Weak Rejection at the Top, Short Setup Triggered! 🚨
Price: $0.2419 (+1.43%)
After failing to break above $0.2487 resistance, $XLM is rolling over with a clear bearish structure forming on the 30m chart. Lower highs are now evident—setting the stage for a short move.
Key Levels:
• Resistance: $0.2480 – $0.2500
• Support: $0.2380 / $0.2300
Short Trade Setup:
• Entry Zone: $0.2425 – $0.2445
• Targets:
• TP1: $0.2380
• TP2: $0.2320
• TP3: $0.2260
• Stop Loss: $0.2495
Market Insight:
Failure to hold above $0.2450 and increased bearish volume suggests sellers are stepping in. If the price breaks below $0.2400 with momentum, expect a stronger sell-off.
Pro Tip: Monitor a bearish engulfing pattern or rejection wick around $0.2440 on lower timeframes for clean sniper entries.
Reversal brewing on $XLM – time to ride the drop! Setup looks ideal for quick downside profits.
{future}(XLMUSDT)
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