#JobsReportShock
Bearish structure for $XLM with weak bottoms and potential bounce from the discount area.
Key levels:
• Resistance: $0.30 (PDH and supply zone)
• Support: $0.26 (weak bottom area)
Trading idea:
• Long setup: If the price sweeps the weak bottom around $0.26 and regains balance.
• Short setup: If the price rejects PDH ($0.30) and fails to regain balance.
• Target levels: First TP near $0.29, extended TP towards $0.32