Coin name: XLM

SHORT
Price: .2850
(Enter on entry price)

In the 4-hour timeframe, XLM is forming a rising wedge, which is a bearish pattern. However, on the 1-hour timeframe, there is a bullish divergence, along with a double bottom, and XLM is holding trendline support. Despite these bullish signs, the overall market sentiment remains bearish, making this a risky setup.

There is significant upside liquidity in XLM, meaning the price could move up to grab liquidity before heading downward. Proper risk management and money management are essential—avoid using high leverage.

Meanwhile, BTC.D has already broken out of a falling wedge, a bullish pattern. This suggests that altcoins may experience a brief 4-5% pump before declining. Manage your risk accordingly.

10x leverage isolated
Sl: .2810
Target:
1) .2910
2).2950
3).3000
4).3050