$XLM USDT short trade signal 🛑 🚦
BEARISH REJECTION FROM LOCAL TOP — SELL SETUP ACTIVE 📉⚠️
$XLMUSDT rallied aggressively, but now faces strong resistance at $0.407 and is showing signs of exhaustion. Price was rejected sharply after testing the 24h high, forming a possible fakeout wick. With momentum cooling down and a lower high potentially forming, bears may take over short-term.
🔻 Trade Setup (Short):
• Entry Zone: $0.4010 – $0.4030
• Take Profit 1: $0.3800
• Take Profit 2: $0.3608
• Stop Loss: $0.4172
📉 Market Outlook:
Despite the impressive run-up, the price is now struggling to sustain above $0.407. A correction is likely as indicators flash overbought and volume begins to taper. Watch for momentum breakdown below $0.398 for stronger confirmation of the short.
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buy and trade here on $XLM