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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