📢 $XLM /USDT Urgent Alert

Current price action: XLM has reached a key weekly resistance zone, signaling a potential top. A bearish wedge pattern has formed near this level, hinting at a likely reversal.

Support and resistance levels:

- Resistance: $0.2400 - $0.2500 (Weekly resistance zone)

- Support: $0.2000 (Primary support), $0.1900 (Secondary support)

Market insights:

- Liquidity from XLM may flow into other altcoins or Bitcoin as the reversal unfolds.

- High volume suggests a sharp and quick move, potentially to the downside.

- Bearish sentiment aligns with the chart structure and high timeframe resistance.

Trade positions:

- Short position:

- Entry: Between $0.2350 - $0.2450 (ideal entry zone near resistance)

- Target 1: $0.2000

- Target 2: $0.1900

- Stop loss: Above $0.2550

- Long position (counter-trend, after correction):

- Entry: Between $0.1900 - $0.2000 (support zone)

- Target 1: $0.2200

- Target 2: $0.2300

- Stop loss: Below $0.1800

Risk management: Use a stop-loss in all trades to protect your capital. Trade with calculated position sizes to minimize risk.

Monitor the price action and volume carefully at critical levels to confirm your trade entries.