Short idea on $XLM : back at 4H resistance, 0.1782–0.1786.
Same plan as always: let the level prove itself first. I want to see the reaction before anything else.
Why this level:
- 4H price 0.178 below EMA50 0.183: trend structure still favors sellers
- Risk 1.6% to SL vs 2.5% to TP3: about 1.6R if the full move plays out
- Daily below EMA200 0.186: the bigger trend is on this side
🔴 SHORT · Entry 0.1782–0.1786 · TP 0.1768 / 0.1757 / 0.1740 · SL 0.1812
Clean bounce from here, or one more sweep first?
NFA · DYOR
Same plan as always: let the level prove itself first. I want to see the reaction before anything else.
Why this level:
- 4H price 0.178 below EMA50 0.183: trend structure still favors sellers
- Risk 1.6% to SL vs 2.5% to TP3: about 1.6R if the full move plays out
- Daily below EMA200 0.186: the bigger trend is on this side
🔴 SHORT · Entry 0.1782–0.1786 · TP 0.1768 / 0.1757 / 0.1740 · SL 0.1812
Clean bounce from here, or one more sweep first?
NFA · DYOR