Technical analysis by SiDec about Symbol XLM: Sell recommendation (7/17/2025)

XLM has been one of the top movers, sweeping the January 2025 swing high at $0.515 before stalling and moving sideways for the past 4 days. The big question: Is XLM gearing up for another push toward the highs, or is a correction imminent? Let’s dive into the details. 🧩 Market Structure & Fractal Pattern XLM skyrocketed +132% in just 13 days, mirroring the explosive move seen back in November 2024. If we apply the November fractal, the current price action suggests we could be setting up for an ABC corrective move. 📉 Key Levels & Confluences FVG Zone: ~$0.49–$0.50 — likely to be swept before any major move down. Monthly Support: $0.4142 Key Level / Liquidity Pool: $0.4056 — likely cluster of stop-losses. Anchored VWAP (from $0.2228 start of trend): currently near $0.4056, adding strong confluence. 1.0 Trend-Based Fib Extension (ABC projection): If price pushes to ~$0.49 to complete wave B, the projected 1.0 TBFE for wave C lands right on the $0.4056 key level + VWAP, creating a perfect confluence zone. ➡️ Conclusion: The $0.4142–$0.4056 zone is a critical support and liquidity area with multiple confluences lining up. Trade Setups 🔴 Short Setup: Entry zone: $0.48–$0.50 (ladder in) Stop-loss: Above $0.5166 (prior high) Take-profit: $0.4142–$0.4056 zone R:R ≈ 1:3 🟢 Long Setup: Entry zone: $0.4142–$0.4056 (preferably near VWAP) Stop-loss: Below $0.395 Take-profit: $0.44 ⚡ Final Thoughts Watch for a potential final push toward $0.49–$0.50 before a corrective wave unfolds. The confluence at the $0.4142–$0.4056 zone — including monthly/weekly levels, VWAP, liquidity pool, and the 1.0 TBFE target — makes it a key area for decision-making. Stay patient and wait for confirmation at these levels. Will post an update as things unfold! _________________________________ 💬 If you found this helpful, drop a like and comment! Want breakdowns of other charts? Leave your requests below.