I’m watching for a rejection around the entry zone and a move back toward the lower support levels. The setup stays bearish as long as price fails to reclaim the invalidation level.
Trade Setup — $XLM
Bias: Bearish 📉
Entry Zone: $0.1828–$0.1834
Target 1: $0.1785
Target 2: $0.1748
Target 3: $0.1698
Stop Loss: $0.1860
Why this setup works: I’m looking for sellers to step back in after the recovery loses momentum. A rejection from $0.1828–$0.1834 could confirm that buyers are struggling to maintain the bounce, opening the path toward the lower targets.
If $XLM breaks and holds above $0.1860, I’m out because the bearish setup is invalidated.
$XLM
#SOLJumps20%OnTheWeek #CaliforniaBillWouldBarOfficialMemeCoins #TRONMainnetActivatesTVMPragueOsaka #GoldRisesAbout14%InAugust #QatarExtendsLNGForceMajeureByOneMonth
Trade Setup — $XLM
Bias: Bearish 📉
Entry Zone: $0.1828–$0.1834
Target 1: $0.1785
Target 2: $0.1748
Target 3: $0.1698
Stop Loss: $0.1860
Why this setup works: I’m looking for sellers to step back in after the recovery loses momentum. A rejection from $0.1828–$0.1834 could confirm that buyers are struggling to maintain the bounce, opening the path toward the lower targets.
If $XLM breaks and holds above $0.1860, I’m out because the bearish setup is invalidated.
$XLM
#SOLJumps20%OnTheWeek #CaliforniaBillWouldBarOfficialMemeCoins #TRONMainnetActivatesTVMPragueOsaka #GoldRisesAbout14%InAugust #QatarExtendsLNGForceMajeureByOneMonth
