Stellar / TetherUS
Updated

XLM Looks Bearish (1D)

625
It seems to be pulling back within the internal structure. From the supply zone, it may move toward the green zone. The green zone is a strong area where we can consider rebuying.

A daily candle closing above the invalidation level will nullify this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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The analysis was done at the price of 0.3336, and it has dropped more than 32% so far

Upon reaching the upper edge of the indicated green zone, it has pumped more than 19% so far

If you have entered the position, take profits gradually.

The next Rebuy zone is marked by the orange lines within the green box.

A daily candle closing below the invalidation level will invalidate this analysis.

snapshot

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