$XLM /USDT Trading Strategy

Market Insight:

$XLM is up ~25%, showing strong momentum with high volume (2.72B XLM, ~$999M USDT). It has broken through key resistance levels and is currently consolidating near $0.38–$0.40. Bollinger Bands show expansion, suggesting increased volatility and potential for a breakout.

Entry:

✅ Buy Zone: $0.368 – $0.382

(Ideally enter on minor pullbacks or during consolidation near the Bollinger Band midline.)

Targets:

🎯 Target 1: $0.405 (previous high / Bollinger upper band)

🎯 Target 2: $0.430 (psychological resistance)

🎯 Target 3: $0.455 (next resistance zone from early 2024)

Stop Loss:

❌ SL: $0.354

(Below recent support & Bollinger midline)

Key Levels:

Support: $0.354 / $0.326

Resistance: $0.405 / $0.430 / $0.455

Pivot Zone: $0.378 – $0.382 (current consolidation)

Pro Tip:

Watch for volume spikes and 15–30m candle closures above $0.405 to confirm breakout continuation. If BTC/ETH show weakness, reduce exposure or trail your stop aggressively.

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