$XLM approaching a high-risk zone — short opportunity forming 📉
Price is slowly drifting into a key resistance area where sellers typically step in. With higher-timeframe pressure still bearish, this looks like a solid short setup if price confirms.
Trade Idea: SHORT $XLM
• Entry: 0.171 – 0.174
• Stop Loss: 0.178
• TP1: 0.169
• TP2: 0.168
• TP3: 0.165
Why this setup?
The 4H structure offers a tight and well-defined invalidation, making risk management clean. Daily trend remains bearish, supporting the downside bias. Lower-TF RSI isn’t oversold yet, leaving room for continuation once price accepts within the entry zone.
A clean rejection here could send price to 0.169 quickly — further downside is a bonus.
Any strong acceptance above 0.189 invalidates the idea.
💬 What’s your view? Rejection and follow-through — or reclaim and squeeze higher? Drop your bias below 👇
