๐ป $XLM Showing Signs of Weakness โ Short Opportunity on the Table ๐ง
Current Price: $0.4102
24H Range: $0.4197 โ $0.3844
XLM made a strong push into the $0.419 zone but couldnโt hold the breakout โ and thatโs usually the first red flag. Now weโre seeing lower highs form on the 1H chart, with momentum clearly fading. Looks like the bulls are running out of steam.
Hereโs the setup Iโm watching:
๐ Entry Zone: $0.4100 โ $0.4140
๐ฏ TP1: $0.4000
๐ฏ TP2: $0.3910
๐ฏ TP3: $0.3845
โ๏ธ Stop Loss: $0.4205
๐งฉ Why it matters:
Price is struggling to reclaim $0.415 โ any rejection around that level (especially with weak volume or long wicks) could confirm a short entry. It's a classic scalp play while price remains below resistance.
๐ Keep it simple:
Donโt chase green candles. Let the setup come to you. If price stalls below $0.415 โ it might be time to ride the wave down.
Patience + Confirmation = Precision ๐งโโ๏ธ๐
#WhiteHouseDigitalAssetReport #FedGovernorVacancy #ProjectCrypto #BTCReserveStrategy #BinanceHODLerTOWNS