$XLM
📈 XLM/USDT Signal – Bullish Reversal Setup
🔹 Pair: XLM/USDT
🔹 Timeframe: 1 Hour
🔹 Current Price: ~$0.2898
🔹 Signal Type: Long Position – Potential Trend Reversal from Support Zone
🔍 Analysis Overview:
Rounded Bottom Formation: After a sustained downtrend, price is showing signs of bottoming out with a smooth rounding structure.
Initial Bounce: Price has rebounded from the $0.284–$0.286 region, indicating buyers are stepping in.
Decreasing Bearish Volume: Selling volume is tapering off, while small bullish candles are starting to step in.
Break of Minor Structure: A close above $0.2910 would break the local lower high, confirming short-term trend reversal.
⚠️ Trade Plan – Bullish Setup
📥 Entry Zone: $0.2890–$0.2905 (aggressive) or on breakout above $0.2915 (conservative)
🛑 Stop-Loss: Below $0.2850 (invalidates reversal structure)
🎯 Take-Profit Targets:
TP1: $0.2955
TP2: $0.3020
TP3: $0.3100 (if momentum sustains)
🧠 Notes:
Confirmation Needed: Safer entry is above $0.2915 with volume spike.
Volume Watch: Entry is stronger if accompanied by a volume uptick above the 20-period average.
Bearish Risk: Failure to hold above $0.2860 reopens downside to $0.2800–$0.2750.