🔍 Chart Analysis (XLM/USDT - 15m Timeframe)

$XLM

🟠 Trend Overview:

•The pair was previously in a clear downtrend, shown by the descending trendline.

•A breakout above this trendline suggests a potential trend reversal or short-term recovery.

📦 Consolidation Zone:

•Price has been moving sideways within a tight range (accumulation box) between 0.2327 (support) and ~0.2358 (resistance).

•This indicates indecision and a possible preparation for a breakout.

📈 Breakout Potential:

•If price breaks above 0.2358 with strong volume, a potential long entry could be made.

•Next targets:

🥅 TP1: 0.2376

🥅 TP2: 0.2393

🥅 TP3: 0.2407

📉 Breakdown Risk:

•If price fails to hold above 0.2327, it may retest lower support levels or continue the downtrend.

•Consider stop-loss slightly below 0.2323 to manage risk.

📌 Entry Suggestion (If bullish breakout):

•Entry: On 15m candle close above 0.2358

•Stop-Loss: Below 0.2323

•Target: 0.2376 / 0.2393 / 0.2407

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