Bearish pressure remains dominant as price action consolidates near the lower range following a rejection from session highs. Sellers continue to control momentum as overhead supply caps any meaningful recovery attempts.
$XLM – SHORT
Entry: 0.17710–0.17725
SL: 0.18486
TP1: 0.17680
TP2: 0.17600
TP3: 0.17515
The structure exhibits persistent lower highs and failure to sustain higher levels near the weighted average price. Acceptance below immediate support points toward continued downside continuation targeting local swing lows.
$XLM – SHORT
Entry: 0.17710–0.17725
SL: 0.18486
TP1: 0.17680
TP2: 0.17600
TP3: 0.17515
The structure exhibits persistent lower highs and failure to sustain higher levels near the weighted average price. Acceptance below immediate support points toward continued downside continuation targeting local swing lows.
