$XLM is bouncing, but until it proves strength, this move looks more like exit liquidity.
$XLM — SHORT
Trade Plan
Entry: 0.176 – 0.177
SL: 0.179
TP1: 0.173
TP2: 0.172
TP3: 0.170
Why this setup?
The daily trend remains bearish, keeping downside bias intact. The 4H structure supports a move toward 0.173 as the first objective.
I’m waiting for lower-timeframe confirmation inside 0.176–0.177 — no prediction, just reaction. RSI on lower TFs shows no oversold conditions, leaving room for continuation if sellers step in.
TP1 is the first decision point.
A clean reclaim and acceptance above 0.192 invalidates the idea.
Debate:
Rejection here → drive to 0.173
Acceptance above 0.192 → trend shift
What’s your bias? 👇
XLMUSDT
Prep
0.17618
-1.32%