$XLM /USDT – Breakout Watch | Bullish Setup In Play
#Stellar (XLM) is pushing higher with a clean uptrend on the 1-hour chart. After bouncing from the $0.2460 zone, price steadily climbed and just touched a new intraday high at $0.2609. Bulls are gaining momentum and preparing for a possible breakout continuation above this level.
Trade Setup (Long):
Entry Zone: $0.2580 – $0.2600
Support (Stop Loss): Below $0.2520
Target 1: $0.2665
Target 2: $0.2730
Target 3: $0.2795
Key Signals:
Bullish price structure with higher lows
Volume supporting upward moves
Currently testing resistance at $0.2609 — a breakout above this level could unlock rapid upside
Strategy Insight:
Wait for a confirmed breakout candle above $0.2610 with volume before adding size. Use trailing stop after first target hit.
Market structure favors buyers. Dips near $0.2580 offer good re-entry chances in case of short pullbacks.