The presenter discusses the XLMUSD chart using technical analysis and indicators. He highlights that the Market Cycle Highs & Lows indicator shows XLM is currently in a "Mild Caution" area, indicated by purple. Historically, this has been a reversal point. He points to green dots on the Pro Trade Manager indicator, signaling potential bottom entries. The presenter suggests waiting for a green dot to appear, predicting that after today's close a long entry could be placed as this pattern has shown to be profitable in the past. Mentions a rebound of 45% based on previous market moves. He sets up concern market sentiment for possible oversold conditions.