$XLM holding $0.1715 here... is this just the boring part before the squeeze? 👀
Price is down 0.52% on the day and the 4h is slipping again, but what gets me is the setup: RSI at 38, volume only 0.3x its 20d average, and price still pinned under the 20d and 50d MAs. That’s not strength. That’s sellers still in control.
Still, it’s only 4% off the 30d range low and funding is slightly positive at 0.004%, so the crowd is leaning long while spot looks dead. Classic trap or cheap accumulation? 🤔
No hype.
Just chart.
Where does this top out on the next bounce? 💬
#XLM
#Crypto
Price is down 0.52% on the day and the 4h is slipping again, but what gets me is the setup: RSI at 38, volume only 0.3x its 20d average, and price still pinned under the 20d and 50d MAs. That’s not strength. That’s sellers still in control.
Still, it’s only 4% off the 30d range low and funding is slightly positive at 0.004%, so the crowd is leaning long while spot looks dead. Classic trap or cheap accumulation? 🤔
No hype.
Just chart.
Where does this top out on the next bounce? 💬
#XLM
#Crypto