Token : $XLM
Signal : LONG
Despite experiencing a sharp pullback, XLM remains in a bullish structure on the daily timeframe, showing resilience by holding above its Point of Control (POC) and currently trading within a key fair value gap zone. This area not only reinforces the asset’s bullish bias but also aligns with multiple nearby support levels, suggesting strong demand and potential for further upside. The broader trend remains intact, and the confluence of technical factors points to a possible long opportunity. However, caution is advised—any entry should be protected with a stop-loss placed just below the 50 EMA and beneath the lower bound of the fair value gap to manage downside risk effectively.
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USDT Dominance (USDT.D) is currently moving within a short-term falling trend channel, suggesting a gradual shift away from stablecoins and potential risk-on sentiment returning to the crypto market. As capital rotates out of USDT, it often signals renewed interest in altcoins and Bitcoin, increasing the probability of a broader market upswing. This environment supports a more bullish bias, making long trade setups more favorable than shorts. Traders should monitor this trend closely, as continued weakness in USDT dominance may further fuel momentum across the crypto space, offering attractive entry points for bullish positions.
Trade setup :
Entry : 0.285 - 0.288
Target : 0.3015
Stop loss : 0.275
