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Everyone’s bullish on XLM again—but the range-bound RSI says you’re late.
$XLM /USDT - SHORT
Trade Plan:
Entry: 0.19033 – 0.19281
SL: 0.20351
TP1: 0.18261
TP2: 0.17664
TP3: 0.16769
Why this setup?
4h EMA at 0.19157 is rejecting price action. RSI 15m at 55.07 shows no momentum, just noise. ATR 1h at 0.004975 means volatility is shrinking inside a daily range. Why now? The short setup targets TP1 at 0.18261 before any breakout trap.
Debate:
Is this a fakeout to 0.20351 or a real dump to 0.18261?