$XLM

🚨 XLM/USDT Perp Update – Real-Time

Price: ~$0.4124 🔼 +10.36% (surged after recent consolidation)

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📉 Technicals & Trade Setup

Strong rally from $0.37–$0.38 demand zone, forming a bullish pennant/ascending triangle—potential breakout toward $0.52–$0.73 . Weekly frames show neutral to slight bullish momentum, while intraday averages are dominated by buy signals (~11 buys vs 2 sells) .

Key Zones:

Support: $0.38–$0.40

Resistance: $0.44–$0.45 prior highs; breakout zone $0.50–$0.52

Trade Setup:

Long: Entry $0.41–$0.412, SL $0.40, TP1 $0.44, TP2 $0.52–$0.60

Short: If rejection at $0.44–$0.45, entry $0.445, SL $0.455, TP $0.41, TP2 $0.39

Bias remains bullish while price holds support and breaks structure on volume.

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🐋 Whale / Smart Money

Whales have been accumulating as supply on exchanges drops. Positive funding rates and volume surges point to strong institutional interest behind the move .

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🔖 Support / Resistance Recap

Support: $0.38–$0.40

Resistance: $0.44–$0.45, breakout target $0.50–$0.52, extended $0.60–$0.73

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🎯 Sentiment: Bullish

Structure aligns with continued upside scenario. Breakout confirmation above $0.50 would validate stronger rally toward $0.60–$0.73. Failure to hold $0.38 may signal deeper correction.

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📰 Latest Developments

Bulls defending support after a 75–120% rally in July

PayPal PYUSD stablecoin integration on Stellar network driving institutional interest (~30% weekly gains)

Protocol v23 upgrade scheduled August 14 as fundamental tailwind