📉 $XLM takes out long positions
On the global 4H timeframe, the coin is within a correction, holding the discount zone.
But locally on the 1H/15M, there was an aggressive price drop after sweeping liquidity from above, and the structure shifted to bearish with a clear break (CHoCH).
Entry Zone: $0.2115 – $0.2155 (short setup on a test of the 15M/1H FVG and Bearish Order Block).
TP: $0.1850 (test of the key 4H demand zone and buy-side liquidity sweep from below).
SL: $0.2230 (a close above $0.2220 completely invalidates the local short scenario).
#XLM #cryptotrading #BinanceSquare
On the global 4H timeframe, the coin is within a correction, holding the discount zone.
But locally on the 1H/15M, there was an aggressive price drop after sweeping liquidity from above, and the structure shifted to bearish with a clear break (CHoCH).
Entry Zone: $0.2115 – $0.2155 (short setup on a test of the 15M/1H FVG and Bearish Order Block).
TP: $0.1850 (test of the key 4H demand zone and buy-side liquidity sweep from below).
SL: $0.2230 (a close above $0.2220 completely invalidates the local short scenario).
#XLM #cryptotrading #BinanceSquare