📈 XLM/USDT – Long Signal Setup (4H)
Current Price: ~$0.306
24H Range: 0.297 – 0.333
Volume: 83.91K
Trend: Bullish continuation with minor shakeout
🔼 Trade Setup – Long Opportunity
Entry Zone: $0.302 – $0.307
TP1: $0.318
TP2: $0.332
Stop-Loss:
$0.294 (below recent candle wick lows)
📌 Technical Insights:
XLM had a strong breakout beginning May 8 with increasing volume.
Recent large red candle followed by a quick recovery wick suggests a liquidity sweep and potential reversal.
Support at ~$0.300 has held multiple times—acting as horizontal demand zone.
Volume on bounce from the lows is notably strong, indicating active buyers.
🧠 Strategic Note:
Watch for bullish engulfing or follow-through above $0.308 for early confirmation. Stop-loss can be tight to reduce downside risk.
✅ Signal Summary:
XLM shows strength after a healthy pullback and bounce from support, suggesting momentum continuation above $0.30.
