🔴 $XLM BEARING DOWN ON RESISTANCE AS SELLERS PREPARE FOR THE NEXT LEG DOWN 📉
Entry: 0.14766 – 0.14797 ⚡
Target: 0.14086 🚀
Stop Loss: 0.1513 🛑
The four-hour trend structure is firmly tilted in favor of bears, keeping a tight lid on upside momentum. Price action is stretching away from the moving averages, suggesting an exhaustion bounce back into our resistance zone before the next wave of selling takes over 📊.
Patience is key while we wait for price to tag the zone and print a confirmed rejection candle on the lower timeframes. Risk is cleanly defined above the local swing high, giving us a pristine setup to capture the downside continuation ⚡.
💬 Are you setting limit orders in the zone or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XLM #ShortSetup #Crypto #Futures #PriceAction
📉 🦈
Entry: 0.14766 – 0.14797 ⚡
Target: 0.14086 🚀
Stop Loss: 0.1513 🛑
The four-hour trend structure is firmly tilted in favor of bears, keeping a tight lid on upside momentum. Price action is stretching away from the moving averages, suggesting an exhaustion bounce back into our resistance zone before the next wave of selling takes over 📊.
Patience is key while we wait for price to tag the zone and print a confirmed rejection candle on the lower timeframes. Risk is cleanly defined above the local swing high, giving us a pristine setup to capture the downside continuation ⚡.
💬 Are you setting limit orders in the zone or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #XLM #ShortSetup #Crypto #Futures #PriceAction
📉 🦈
