$XLM Sharp Drop Watching for Possible Rebound
#XLM is having a tough session, down -12.2% and now trading around 0.4414. It fell from a peak of 0.5167 earlier, losing key MA levels. All short-term moving averages (MA5, MA10, MA30) are pointing down, showing clear weakness.
Trade Setup:
• Entry: 0.4400 – 0.4420 (only if we see some stabilization)
• Stop Loss: 0.4290
• Target 1: 0.4530
• Target 2: 0.4650
• Target 3: 0.4850
Watch for a break above 0.4500 with growing volume to signal a stronger bounce. Until then, trend is still bearish scalp only with strict risk. If it slips under 0.4290, could slide back toward the low zone near 0.4200.