$XLM Rally Cooling Off – Time for a Quick Fade?
$XLM showed strong momentum but is now facing resistance near $0.4189. A visible slowdown and multiple wicks at the top suggest potential for a short-term pullback.
Short Trade Setup (1H Timeframe):
Entry Zone: $0.3940 – $0.4000
Stop Loss: Above $0.4200
Target 1: $0.3750
Target 2: $0.3580
Target 3: $0.3430
Watch for weak bounce volume and bearish candles near resistance to confirm short bias.