$XLM LM /USDT: Short Trading Opportunity! 🔥💯
Market Analysis:
XLM/USDT is forming a descending triangle pattern, with consistent lower highs and testing the support at $0.477. Any break below this level could lead to a strong downward move.
Trade Setup:
Entry Point: $0.475 (Confirmation of break below support)
Stop Loss (SL): $0.487 (Above trend line for safety)
Take Profit (TP1): $0.460 (First target)
Take Profit (TP2): $0.450 (Extended target for trend continuation)
Indicators:
• Volume is showing decreasing interest near resistance, favoring a breakout.
• Descending triangle is in line with a bearish continuation.
Risk Management: Keep risk per trade below 2% of your capital. Watch for false breakouts and adjust stop loss accordingly.
Pro Tip: Use smaller time frames to confirm entry and be patient for price action confirmation.
#BinanceAlphaAlert #EOSBreaks1 $#TrumpCountDown #SOLVLaunchOnBinance #CPIPlunge2025