Trade Idea: XLM SHORT
Opened 2025-10-11 00:26:27 · Valid until 2025-10-12 00:26:27 · Closed 2025-10-11 00:43:01
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 PENDING RR 2.00 Conf 75% Scalp hours
Entry 0.31500000
Stop 0.31800000
TP
0.31200000 / 0.31000000 / 0.30800000
Live 0.31217100
ROI
0.90%
(vs entry)
Thesis and checks
Given the recent significant drop in XLM's price, a short scalp trade is warranted.
- The 5m chart shows a bearish divergence with decreasing volume, indicating potential exhaustion of buyers.
- The 15m chart has formed a bearish engulfing pattern, reinforcing the likelihood of further downside.
Trade ideas are educational. Manage risk and position size.