XEM was rejected from 0.19xx, confirming downtrend continuation. Previously we successfully got nice profit from XEM short, rest of it was closed at BE. I was expected that XEM will reach ~.25 area. But it showed weakness earlier(Probably money went to XYM instead? ;-) ).
So actually expecting move downside next days/weeks because of:
1. BTC dominance goes up(expecting 50%).
2. Xem is weak in general, it retired, all NEM efforts put to new coin - XYM, so small chances get new investors money.