XLM is trading inside a multi-timeframe Bullish FVG cluster (0.40 โ 0.4368) with confluence from 1W, 1D, and 4H charts. Price is holding above POI that previously triggered bullish continuation.
Bullish scenario (#long):
Accumulate within 0.42 โ 0.41 zone.
Breakout above 4H Sell FVG (0.44 โ 0.46) confirms upside momentum.
Progressive take-profits: 0.5206 โ 0.5606 โ 0.6081 โ final at 0.6374.
Bearish scenario / Invalidation:
Breakdown and close below 0.41 shifts bias to bearish, opening path to deeper retrace toward 0.36 and potentially re-testing lower 1W Bull FVG levels.
Trading plan:
Entry: 50% at 0.42, 50% at 0.41.
Stop Loss: Below 0.41.
Take Profits: As per targets above.
Bias: Bullish while price remains above 0.41.