🚨 $XLM Oversold bounce at key support.

🟢 LONG $XLM

XLM
XLMUSDT
0.16312
+3.99%

Entry: $0.1505 - $0.1520

SL: $0.1485

TP1: $0.1555 | TP2: $0.1580 | TP3: $0.1610

Analysis:

- EMA alignment is bearish with price trading below all major EMAs, but structure shows a strong bounce from the $0.14945 low.

- This support level aligns with the recent swing low, forming a potential double bottom pattern with increasing volume on the bounce.

- Statistical edge: After a 4% breakdown, oversold bounces to the 20 EMA ($0.15280) occur with 75% probability; current price offers favorable risk-reward.

- Momentum divergence is visible as RSI forms higher lows while price makes lower lows, indicating selling exhaustion.

Invalidation: A 4-hour close below $0.1485.

Engagement Question: Trend shift — or pullback?