$XEM is entering a supply zone where sellers may take control.
XEM has moved from 0.000409 to 0.000496 — a 21% gain. Price is now approaching a key resistance area. RSI at 68 — getting warm. Volume is moderate, but the pace is slowing.
Trading Plan Short $XEM
Entry: 0.000494 – 0.000498
SL: 0.000505
TP1: 0.000480
TP2: 0.000462
TP3: 0.000442
The recent advance has brought price back into an area that previously rejected buyers. This move still appears corrective. If buyers fail to secure acceptance above this zone, a move lower toward the liquidity below recent lows becomes increasingly likely.
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