$XLM /BTC BEARISH PRESSURE BUILDING BELOW MOVING AVERAGES
$XLM /BTC is trading under the MA(7), with both MA(25) and MA(99) converging tightly at 0.00000373, showing a lack of bullish momentum. The price is compressing in a narrowing range with decreasing volume, hinting at a potential bearish breakout. Failure to reclaim resistance levels suggests a downside continuation is likely.
Short Entry: 0.00000373
Targets (TP):
• TP1: 0.00000370
• TP2: 0.00000368
• TP3: 0.00000365
Stop Loss (SL): 0.00000378
Risk Management: Risk only 1-2% per trade. Always wait for confirmation before entry and use stop loss discipline to protect capital.
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