🔴 $XLM | SHORT SETUP
🎯 Trade Plan:
Entry: 0.209391 – 0.211051
TP1: 0.204246 (+2.9% | R/R: 0.76)
TP2: 0.200262
TP3: 0.194287
SL: 0.218188 (−3.2%)
📊 Technical Analysis:$XLM is showing weakness on the 4-hour timeframe with RSI at 39.72 on the 15-minute chart, indicating room for downside acceleration. The 0.2102 entry zone has established support but lacks conviction—volatility remains compressed with 1-hour ATR at just 0.0059, suggesting a sharp breakdown is possible once support breaks.
Price rejection at resistance combined with the short-term momentum divergence creates a defined risk-reward structure. The three-target cascade down to 0.1943 offers progressive exit points as sellers step in, with the first target just 29 basis points away.
Trade $XLM now by clicking the chart below 👇
