The Strategy (The "Why")
$XLM
is currently in a "Sell the News" phase after a 13% spike. It recently failed to break major resistance at $0.24 and is now sliding down. Your short targets the "price gap" between $0.22 and $0.20.
2. The Entry (The "Where")
Current Price: ~$0.221
Wait: Don't enter at the current market price. Wait for a small bounce back up to $0.2225 to get a better risk-to-reward ratio.
3. The Risk (The "Warning")
Leverage: 20x is extremely high. A 4.3% move up wipes out your trade (hits Stop Loss).
The Trap: Stellar has a major "X-Ray" upgrade vote on January 22. Expect the market to get very volatile and potentially pump before that date.
4. The Exit Plan (The "When")
Take Profit: Aim for $0.213 (TP4) as your primary realistic target.
Safety Move: Once the price hits $0.217, move your Stop Loss to your Entry Price so you cannot lose money.
Final Deadline: Close the trade by January 20 to avoid the upgrade volatility.
Next Step: Would you like me to alert you if#XLM XLM hits your entry price of $0.2225?