$XLM
Sharp Pullback – Watching for a Possible Rebound
#XLM is taking a hit today, down -12.2%, currently trading around 0.4414 after sliding from a high of 0.5167. It’s dipped below key moving averages, with short-term MAs (5, 10, 30) all pointing downward — signaling ongoing weakness.
Trade Setup:
Entry Zone: 0.4400 – 0.4420 (only if stability shows)
Stop Loss: 0.4290
Target 1: 0.4530
Target 2: 0.4650
Target 3: 0.4850
A break above 0.4500 with rising volume could trigger a stronger move up. Until then, the trend stays bearish — this is a scalp-only opportunity with strict risk management.
If the price falls below 0.4290, it might revisit the lower support near 0.4200.
