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XLM bulls’ last line of defense; 4-hour shorts are already locked in
$XLM /USDT - Go short SHORT
Trading plan:
Entry: 0.18952 – 0.19042
SL: 0.19430
TP1: 0.18672
TP2: 0.18455
TP3: 0.18130
Why focus on this structure?
- The daily trend is clearly bearish; 4-hour direction is SHORT, confidence 95%
- The 15-minute RSI is only 50.14; the rebound lacks strength, EMA suppression is still in place
- Current price is 0.18997; TP1=0.18672, TP2=0.18455, stop loss 0.19430
- Why now? The 1-hour ATR is only 0.0018; after volatility tightens, it’s likely to break down
Discussion:
In this short move, should we first see TP2, or will it bait a long and rebound to 0.19309 before dropping?