🚨 $XLM M/USDT – Oversold and Ready to Bounce? Or Breaking Down Further? ⚠️
$XLM is trading at $0.2373 (-0.46%), sitting flat after failing to reclaim $0.2400. With RSI deep in oversold territory, is a reversal close—or are sellers still in control? Let’s break it down 👇
📊 Market Overview
📍 Current Price: $0.2373
📈 24h High: $0.2402
❄️ 24h Low: $0.2348
📊 Parabolic SAR: Pressing above $0.2400 – trend shift possible soon
📈 MACD Momentum:
Bearish divergence narrowing
Volume: 356.5K XLM | $5.12M USDT
📉 RSI (6): 24.36 (🔻 Oversold – bounce potential increasing!)
📈 XLM Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If XLM Holds Above $0.2340):
Entry: Above $0.2390
Targets: $0.2455, $0.2495, $0.2510
Stop-Loss: $0.2290
🔹 Bearish Scenario (If XLM Drops Below $0.2290):
Entry: Below $0.2285
Targets: $0.2250, $0.2200, $0.2130
Stop-Loss: $0.2390
🔍 Should You Hold or Sell?
✅ RSI at 24 = strong potential for technical rebound
📉 Price compression near support = bounce or breakdown setup
⚠️ MACD still bearish—confirmation needed before loading longs
💡 Pro Tip:
🚀 Watch for a reclaim of $0.2400 with solid volume = reversal in motion
⚠️ Weak bounce or low-volume move = likely fakeout before more downside
📢 Are you buying the fear on XLM or sitting this one out? Share your strategy below!
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