• Entry: 0.27
• Stop-loss (STL): 0.2780 (cut loss if the price breaks above the Kumo cloud + exceeds POC 0.268 with strong volume)
• Take-profit (TP):
• TP1: 0.2580
• TP2: 0.2510
• TP3: 0.2430 (take profit gradually according to the volume support area and the old bottom)
⛔ Note: This is a trend-following short order, as XLM is slightly recovering in a downward structure. Buying power is weak, unable to break the POC area and the resistance cloud above. Ichimoku, Volume Profile, and MACD all agree that the downward trend has not ended.
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🔎 Explanation of the suggested order:
1. Ichimoku:
• The price of XLMUSDT is currently below the red Kumo cloud.
• The thick red cloud ahead, Tenkan & Kijun flat → the trend remains negative, the price is continuously resisted.
• Chikou Span is stuck between past candles → confirms there is no breakout yet.
➡️ The current recovery is only a technical pullback in a downtrend, not a reversal yet.
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2. Volume Profile & Delta:
• The large volume cluster at the 0.268–0.27 (POC) area is a clear distribution zone with a total >124M.
• This area has repeatedly rejected the price from returning → plays a strong supply zone role.
• The current liquidity is weak, with no clear buying power at the old peak.
• Selling pressure remains dominant – Significant negative Delta in the recent decline → The probability of being rejected again is high.
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3. MACD:
• The histogram is contracting, close to 0 but not clearly positive → buying pressure is not truly dominant.
• The MACD line is below the Signal Line, still showing a weak downward pattern, with no reversal signal.
• The current MACD pattern is usually a sideways phase before a further dump if there is no volume spike.
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📌 Conclusion:
XLMUSDT is testing the strong resistance area around 0.268 – where there is a large volume cluster and the Ichimoku cloud peak. There is no active liquidity pushing the price through this area.
A short position here is a trend-following strategy, reasonable for R:R and has a clear stop-loss area.
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🔖 #dolugcrypto – The order is to follow the downward swing trade, closely adhering to the main trend. Manage risk tightly, do not enter orders when the price exceeds 0.2715 with breakout volume.
Not recommending all-in, manage risk with a maximum of 2% of the account.
