🌠 $XLM /USDT Slides into Demand — Bounce Incoming or Breakdown Ahead?
XLM has dropped -6.02% to $0.2514 after a harsh rejection from $0.2704, forming a clean downtrend.
Price touched the lower Bollinger Band at $0.2507, attempting a minor bounce — but pressure still remains.
Volume is rising and momentum favors sellers, unless a strong candle reclaims the mid-band.
📉 XLM/USDT Short Trade Setup (1H Chart)
🔻 Entry Zone: $0.2510 – $0.2530
🎯 Take Profit 1: $0.2455
🎯 Take Profit 2: $0.2390
🎯 Take Profit 3: $0.2320
⛔ Stop Loss: $0.2585
Trend is clear — don’t fight it. XLM is still under heavy pressure unless buyers step up fast!
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