$XLM #XLM 📉
Direction: SHORT 📉
Entry zone: 0.167 to 0.1677
Stop loss: 0.1699
Target 1: 0.164
Target 2: 0.1615
Stellar is trading near 0.1673 dollars, down about 1 percent in 24 hours, inside a range of 0.166766 to 0.170833. My reading is that buyers have not produced a bounce from the low, they have only held it flat. 📉 The recent closes were 0.1677, then 0.1671, then 0.1671, then 0.1673, which is holding near the low, not recovering. A short from the current zone, with a stop above 0.1699, targets 0.164 first and then 0.1615 if selling continues. A recovery above 0.1699 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Stellar fall to 0.164 first, or recover above 0.1699? 🤔
Follow for more trades.
#Stellar #Crypto #FuturesTrading #TradingSignals
Direction: SHORT 📉
Entry zone: 0.167 to 0.1677
Stop loss: 0.1699
Target 1: 0.164
Target 2: 0.1615
Stellar is trading near 0.1673 dollars, down about 1 percent in 24 hours, inside a range of 0.166766 to 0.170833. My reading is that buyers have not produced a bounce from the low, they have only held it flat. 📉 The recent closes were 0.1677, then 0.1671, then 0.1671, then 0.1673, which is holding near the low, not recovering. A short from the current zone, with a stop above 0.1699, targets 0.164 first and then 0.1615 if selling continues. A recovery above 0.1699 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Stellar fall to 0.164 first, or recover above 0.1699? 🤔
Follow for more trades.
#Stellar #Crypto #FuturesTrading #TradingSignals
