$XLM rejected again - but the structure remains intact! 🔄📉
Dropped by -3.85% to $0.2695 after being rejected near the $0.2803 area.
Despite the red day, it is still swinging above the previous local low at $0.2520, indicating a potential accumulation.
The price is moving near 3 key moving averages (7, 25, 99) - this pressure often signals a strong movement coming.
If the bulls defend $0.2660, a recovery towards resistance at $0.2840 could follow quickly.
📊 Trade Setup (Range Bounce Idea)
• Entry Area: $0.2660 - $0.2700
• Targets:
1: $0.2775
2: $0.2840
3: $0.2980
• Stop Loss: $0.2575
Buy and trade here $XLM
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