$XLM

📊 Technical Analysis for XLM/USDT – 4-Hour Interval

🔹 Current Price: 0.3977 (+8.13%)

XLM has seen a strong rebound from the support level of 0.3613, breaking through the short-term moving averages EMA(7) and EMA(25) and is currently approaching the key resistance EMA(99) at 0.4099.

Positive Signals:

Bullish crossover in the MACD indicator with a clear start of buying momentum.

RSI at 64 indicates strength in the upward movement without entering full overbought territory.

High trading volumes confirm traders' interest in the current rise.

Technical Alert:

The Stoch RSI indicator is in the overbought area (93), indicating the possibility of a temporary cooldown or a slight correction.

Important Technical Points:

Upcoming Resistances:

0.3997

0.4099 🔥 (Strong Resistance – EMA99)

0.4214

Nearby Supports:

0.3923 (EMA7)

0.3780 – 0.3810 (Strong Demand Zone)

0.3613 (Major Low)

🎯 Suggested Strategy:

Ideal buy at the retest of support 0.3920 – 0.3880

Partial sell near resistance 0.4099 – 0.4210

Stop loss below 0.3780 to preserve capital

Monitor price action closely, and do not enter at full overbought condition without precise risk management.

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