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$XLM – Strong rejection after the recent push, now showing signs of a potential downtrend
Trading Plan Short $XLM
Entry: 0.152 – 0.155
SL: 0.148
TP: 0.140
TP: 0.135
TP: 0.130
Price action is showing a clear rejection at the recent highs, and the RSI is also indicating a potential shift in momentum. The move down is gaining traction, and each attempt to bounce looks weaker. A strong downtrend often forms after a rejection like this, with sellers stepping in to drive the price lower.
Trade $XLM here 👇