Short $XLM : price sits at 0.213 to test resistance on the 4H.
Reject 0.213 → 0.211, then 0.209.
Reclaim 0.215 → the idea is off the table.
I'm watching for sellers to defend this level and push price lower.
The read:
- 4H price at 0.213 below EMA50 at 0.217, trend still favors sellers
- BTC short-term trend bearish, a tailwind for this idea
- 1H RSI at 39 indicates neutral momentum with room to roll over
🔴 SHORT · Entry 0.2125–0.2128 · TP 0.2114 / 0.2105 / 0.2093 · SL 0.2148
NFA · DYOR
Reject 0.213 → 0.211, then 0.209.
Reclaim 0.215 → the idea is off the table.
I'm watching for sellers to defend this level and push price lower.
The read:
- 4H price at 0.213 below EMA50 at 0.217, trend still favors sellers
- BTC short-term trend bearish, a tailwind for this idea
- 1H RSI at 39 indicates neutral momentum with room to roll over
🔴 SHORT · Entry 0.2125–0.2128 · TP 0.2114 / 0.2105 / 0.2093 · SL 0.2148
NFA · DYOR
