$XLM - The same ceiling keeps rejecting price near 0.20214 as sellers continue piling in overhead. Full downside squeeze about to activate below 0.19111 📉
Trade Plan: Short $XLM
✅ Entry: 0.195 – 0.205
⛔ SL: 0.21478
🎯 TP: 1️⃣ 0.17205 | 2️⃣ 0.15600 | 3️⃣ 0.14108
⚠️ Strategy: Adjust Quantities to that much you can afford to lose.
🧑💻 Why this Setup?
Multiple failed attempts to reclaim the 0.20214 resistance zone suggest that supply is overwhelming demand at higher levels. Sellers continue to defend the area aggressively while upside momentum weakens with every retest. If 0.19111 breaks, downside pressure could accelerate quickly and trigger a broad sweep of lower liquidity zones.
Click Here to Trade 👉 $XLM
Trade Plan: Short $XLM
✅ Entry: 0.195 – 0.205
⛔ SL: 0.21478
🎯 TP: 1️⃣ 0.17205 | 2️⃣ 0.15600 | 3️⃣ 0.14108
⚠️ Strategy: Adjust Quantities to that much you can afford to lose.
🧑💻 Why this Setup?
Multiple failed attempts to reclaim the 0.20214 resistance zone suggest that supply is overwhelming demand at higher levels. Sellers continue to defend the area aggressively while upside momentum weakens with every retest. If 0.19111 breaks, downside pressure could accelerate quickly and trigger a broad sweep of lower liquidity zones.
Click Here to Trade 👉 $XLM