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XLMUSD D1: Topped out / 40% correction possible (SL/TP)(NEW)

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XLMUSD D1: Topped out / 40% correction possible (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: XLMUSD daily chart review
::: very limited upside from here
::: throwback inside accumulation likely
::: don't get caught on wrong side of this
::: 40% correction possible/likely from here
::: August/September weak period for CRYPTO
::: key resistance: 10 280
::: key support level: 5 500
::: recommended strategy: SHORT IT / STAY OUT
::: SL 5% TP 40%
::: good luck traders
🔸 Supply/Demand Zones
::: fresh supply N/A
::: fresh demand: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: RANGE/MIXED

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