$XLM /USDT SHORT TRADE SETUP
$XLM is currently trading at 0.21618, showing significant weakness after a sharp breakdown from the 0.21982 local peak seen earlier today. The 15m chart indicates a series of lower highs and a struggle to maintain momentum as it hovers near its recent lows. Market sentiment across technical indicators remains bearish on the short-term frames, with the price currently pinned below key resistance levels, suggesting a potential continuation of the downward trend.
Target Points
TP1: 0.2136
TP2: 0.2110
TP3: 0.2085
Stop Loss
Set stop loss above 0.2195 to manage risk against a potential relief bounce or trend reversal.
Buy and Trade here on $XLM
XLMUSDT
Perp
0.20515
-2.69%