$XLM I fumbled this one bad. Bought the patience story, sold the chop, and watched it tag $0.1716 while I sat there annoyed 😑
That’s the part that stings: 24h green at +1.00% looks fine, but the 4h is still -0.5%, RSI is only 46, and volume is trash at $6.65M. Price is still under the 20d and 50d MA too.
Shorts are paying -0.003% and it’s only 20% off the 30d high, so yeah, it can squeeze. But this is not a clean trend. Weak hands get chopped here. 😬
Holding or fading this?
#XLM
#Web3
That’s the part that stings: 24h green at +1.00% looks fine, but the 4h is still -0.5%, RSI is only 46, and volume is trash at $6.65M. Price is still under the 20d and 50d MA too.
Shorts are paying -0.003% and it’s only 20% off the 30d high, so yeah, it can squeeze. But this is not a clean trend. Weak hands get chopped here. 😬
Holding or fading this?
#XLM
#Web3