Trade Idea: XLM SHORT
Opened 2025-10-16 20:36:24 · Valid until 2025-10-17 20:36:24 · Closed 2025-10-17 01:19:01
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 2.50 Conf 75% Scalp hours
Entry 0.30800000
Stop 0.31200000
TP
0.30600000 / 0.30400000 / 0.30200000
Live 0.31279100
ROI
-1.56%
(vs entry)
Thesis and checks
The current bearish momentum in XLM presents a favorable opportunity for a short scalp trade.
- 5m Chart: A bearish engulfing candle has formed, indicating strong selling pressure.
- 15m Chart: The RSI is showing overbought conditions, suggesting a potential reversal.
Trade ideas are educational. Manage risk and position size.