$XLM /USDT โ Rejection From Key Resistance! โ ๏ธ๐ป
Current Price: $0.2519
$XLM has just been rejected from a well-defined resistance zone near $0.2540, where multiple wicks have failed to close above. This repeated rejection pattern suggests strong supply at the top, and price has already started pulling back with bearish candles forming on the 15m chart.
๐ป Short Trade Setup:
Entry Zone: $0.2525 โ $0.2538
TP1: $0.2500
TP2: $0.2470
TP3: $0.2435
Stop Loss: $0.2548
Perfect setup for short scalpers as price stalls under resistance! Watch for confirmation and execute with discipline.
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