$XLM
🚨 XLM/USDC Analysis – Bearish Momentum Building? 📉
XLM is showing signs of bearish pressure, currently trading around 0.4568 USDC. After failing to break the resistance at 0.5170, it’s been gradually sliding down. The recent low at 0.4475 is a key level to watch.
🔍 Current Price: 0.4568
📉 24h Low: 0.4475
📈 24h High: 0.5170
🔻 Bearish Outlook:
Price rejection from the 0.5170 resistance zone
Lower highs forming – a sign of weakening bullish momentum
Potential retest of support at 0.4475 and below
📌 Entry Points:
Short Entry #1: 0.4600–0.4650 (if it retests this zone and rejects)
Short Entry #2: Break below 0.4475 with volume
Stop-loss: Above 0.4700
Targets:
TP1: 0.4400
TP2: 0.4250
TP3: 0.4100
📉 Note: Watch for volume confirmation and BTC movement before entering.
Trade safely! 🛡️
