Trading Signal: XLM/USDT (LONG) Skyrocketing 🚀
Entry Zone:
🔹0.4772 – 0.4820
(Split orders across this range for optimal entry)
Leverage:
⛓️ Spot or Cross 3x
(Use lower leverage for risk management)
Stop Loss:
❌ 0.4560
(Stop placed below key support)
Profit Targets:
🎯 TP1: 0.4980 (4.2%)
🎯 TP2: 0.5150 (7.9%)
🎯 TP3:0.5390 (13%)
🎯 TP4: 0.5650 (18.4%)
🎯 TP5: 0.5902 (23.7%)
📈 Strategy Overview:
1. Entry Logic:
🔹 Price is consolidating near a demand zone. Entry between 0.4772–0.4820 capitalizes on a bullish reversal setup.
🔹 Use limit orders to avoid chasing the price.
2. Risk Management:
🔹 Stop Loss (0.4560):Set below the recent swing low to absorb volatility.
🔹 Risk/Reward:Minimum 1:3 (TP1 vs. SL distance).
🔹 Position Size:Risk 2% of capital per trade.
3. Take Profit Strategy:
🔹 TP1 & TP2: Secure partial profits as price tests initial resistance.
🔹 TP3–TP5:Trail stops or hold for larger upside (e.g., breakout toward $0.60).
Note:
🔹 For spot, hold until TP3–TP5 if momentum persists.
🔹 For leverage, close 50% at TP1/TP2 and trail balance.
🔹 Monitor Bitcoin’s movement for broader market cues.
Always trade responsibly! 💪No Financial advice!
