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Trade Idea: XLM SHORT

Opened 2025-09-26 09:16:13 · Valid until 2025-09-27 09:16:13 · Closed 2025-09-26 10:07:01 · Triggered 2025-09-26 09:42:02
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 2.00 Conf 75% Scalp hours
Entry 0.35400000
Stop 0.35800000
TP 0.35200000 / 0.35000000 / 0.34800000
Live 0.31443300
ROI 11.18% (vs entry)

Thesis and checks

Based on the current market conditions for Stellar (XLM), a short position is recommended due to the following signals:

  • 5m Chart: A bearish engulfing candle has formed, indicating strong selling pressure.
  • 15m Chart: The RSI is showing divergence, suggesting a potential reversal to the downside.

Trade ideas are educational. Manage risk and position size.