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Trade Idea: XLM SHORT

Opened 2026-04-29 07:01:37 · Valid until 2026-04-30 07:01:37 · Triggered 2026-04-29 08:27:01 · Closed 2026-04-29 08:59:01
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT CLOSED RR 1.50 Conf 78% Scalp 30-90 minutes
Entry
0.16330000
Stop
0.16430000
Targets
0.16180000 / 0.16080000 / 0.15980000
Live price
0.16358300
Live ROI
-0.17% vs entry
Idea ID
#11018
Now Entry Stop TP
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Thesis and checks

Immediate short scalp opportunity on XLM based on multi-timeframe structure and momentum.

  • 1m and 5m charts show a clear lower high and bearish engulfing candle indicating short-term bearish momentum.
  • 15m chart confirms a recent rejection at resistance near 0.1640 with declining volume on upward moves.
  • Price is just below a minor resistance level at 0.1640, suitable for a quick short entry with tight stop loss.
  • Risk-reward ratio above 1.4 achievable with stops tight at 0.1643 and targets aligned with recent support levels at 0.1618, 0.1608, and 0.1598.

Trade ideas are educational. Manage risk and position size.