$XLM 🚀
Oversold and Ready to Snap 💎
$XLM has taken a -2.3% hit, trading at $0.168. My analysis shows the RSI is hitting oversold territory on the lower timeframes, meaning a relief rally is statistically likely very soon.
The Trade Plan:
Strategy: BUY 📈
Ideal Entry: $0.167
Reasoning: $0.167 is a psychological floor. We are looking for a quick bounce to capture a fast 3% move as short-sellers take profit.
Take Profit: $0.172 (3% Target)
Stop Loss: $0.162
Who's banking 3% on the rebound 👇
XLM
0.1659
-3.15%