$XLM USDT Perp Strategy
Market Insight:
Stellar ($XLM ) is up +25.72%, currently trading around $0.40118, with strong bullish momentum and a 24h volume over 3.36B $XLM . The price recently peaked at $0.41876 and is showing signs of short-term continuation, but caution is advised near resistance zones.
Entry:
ā Ideal long entry zone: $0.385 ā $0.395 (pullback zone near SAR and psychological support)
Targets:
šÆ Target 1: $0.418 (near recent high)
šÆ Target 2: $0.438 (Fibonacci extension & next resistance)
šÆ Target 3: $0.460 (strong psychological level & breakout zone)
Stop Loss:
š» Set SL below SAR & structure: $0.368 (below 0.37062 SAR support)
Key Levels:
Support: $0.371, $0.344, $0.318
Resistance: $0.418, $0.438, $0.460
SAR: 0.37062
Pivot Zone: $0.395 ā $0.405
Pro Tip:
Watch for bullish consolidation above $0.395 ā a sustained hold above this level could trigger a fresh leg up. If BTC and the market continue to remain bullish, XLM may test $0.44+ soon. Use trailing stops to lock in profits after Target 1.
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