$XLM /USDT Trade Setup
Market Insight:
$XLM is currently trading at $0.2902, showing strong bullish momentum with a +14.79% gain in the last 24 hours. It recently touched a high of $0.2949, just shy of the upper Bollinger Band ($0.2907), signaling potential short-term overbought conditions. Volume is strong, with $47.41M in USDT traded, backing the upward move.
🔹 Entry:
Buy Zone: $0.2800 – $0.2870 (look for a pullback near mid-Bollinger Band or intraday support)
🎯 Targets:
Target 1: $0.2975 (recent high and minor resistance)
Target 2: $0.3050 (psychological round level + extension)
Target 3: $0.3180 (weekly resistance zone)
🛑 Stop Loss:
Below $0.2720 (under recent support + dynamic MA20 zone)
📊 Key Levels:
Support: $0.2800 / $0.2680 / $0.2545
Resistance: $0.2949 / $0.3050 / $0.3180
Pivot Point: $0.2840
💡 Pro Tip:
The current surge appears volume-backed and may extend if XLM breaks and closes above $0.295 on high volume. However, given the strong move already, wait for a retracement before entering. Watch the 15m–1h charts for bullish reversal candles near $0.280–$0.285 for confirmation.#SECETFApproval #TrumpTariffs #DayTradingStrategy #DayTradingStrategy #BinanceTurns8