🔥 XLM Falling! Triangle Break Out Signal

١ أغسطس ٢٠٢٣

I've been looking extensively at XLM over the last few weeks. In my previous analysis I was patiently waiting for a moment to enter long. In the end, my entry target has never been hit and my bias switched bearish.

As of today, XLM has seeming broken out of the triangle. Since it's a bearish break out, we're looking to short this token.

Stop above the most recent top, target at the lows just before the July pump.