Is the XLM bounce of 0.18508 a distribution event or a washout?



$XLM /USDT - go short SHORT

Trading plan:
Entry: 0.18450 – 0.18566
SL: 0.19067
TP1: 0.18089
TP2: 0.17810
TP3: 0.17391

Why pay attention to this structure?
- The 4-hour trend is clearly bearish; the daily chart is still bearish—this bounce is just an interlude.
- RSI on the 15-minute timeframe is 48.86, neutral but weak, with no reversal signal.
- Current price is hugging the 1-hour EMA, and bearish momentum hasn’t been used up.
- Why now? A 95% high-confidence SHORT signal has already been triggered—don’t miss waiting for a retracement.

Discussion:
Will this move first reach TP1 at 0.18089, or will it directly break down through TP2 at 0.17810?
XLM-1.43%
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