$XLM /USDT ā ļø BEARISH MOVE INCOMING! š»
š Current Price: $0.2361
ā° Timeframe Analyzed: 1H / 4H
š TECHNICAL ANALYSIS
XLM is showing signs of weak momentum after failing to break through the resistance zone near $0.2390 ā $0.2430. Price is currently pulling back from its intraday high of $0.2361, hinting at a potential short-term downtrend.
š¹ Key Resistance Levels:
$0.2390 (Minor)
$0.2430 (Major resistance, recent high)
š¹ Key Support Levels:
$0.2335 (Near-term support)
$0.2300 (Stronger support, bounce zone)
š„ TRADE SETUP: SHORT ENTRY
š» Entry: $0.2360 ā $0.2370
šÆ Target 1: $0.2335
šÆ Target 2: $0.2300
š Stop Loss: $0.2395 (above resistance wick)
š”ļø RISK MANAGEMENT TIP:
Never risk more than 1-2% of your capital per trade. Use tight SLs and manage position size carefully to stay in the game long-term! šš¼
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