THE XLM BOUNCE IS A TRAP.
Entry: 0.2417 š©
Target: 0.2390 šÆ
Stop Loss: 0.2443 š
The market is trying to lure you in. $XLM is structurally bearish across every major timeframe, and that weak 1-hour relief rally just hit the wall. Momentum is fading rapidly. This is the moment we wait for the confirmation: a clean snap below the 1h EMA50. Once that floor breaks, the larger downtrend engages immediately. Do not hold bags when $BTC decides to follow through. The short setup is active and ready to fire.
Risk management is crucial. Not financial advice.
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XLMUSDT
Perp
0.24157
+2.53%
BTCUSDT
Perp
90,830.3
+1.30%