$XLM /USDT Short Setup Triggered After Rejection! š“š
$XLM hit the $0.51 zone but faced heavy rejection. Price formed a lower high and failed to reclaim the $0.484 mark, signaling fading bullish momentum. Weak bounce attempts and declining volume suggest bears are gaining control.
š Trade Setup:
⢠Entry: $0.4780
⢠Stop Loss: $0.5014
⢠šÆ TP: $0.4425
⢠Leverage: 10x
⢠Risk Allocation: 2ā3% of wallet
š Market View:
XLM's short-term structure points to potential downside as sellers defend key levels. A close below $0.475 could trigger a deeper pullback especially if market sentiment weakens.