*****XLM*****
Long Trade:
* Entry Idea:
* Conservative: Look for a confirmed bounce from a stronger support zone around $0.40 - $0.41.
* Aggressive: A confirmed breakout and sustained close above immediate resistance at $0.44 - $0.45 with strong volume could signal a continuation of the upward trend.
* Targets:
* Short-term: $0.45 - $0.47
* Mid-term: $0.49 - $0.52
* Potential stretched target: $0.60 - $0.65
* Stop-Loss (example): Below $0.39 or $0.38 (depending on entry and risk tolerance).
Short Trade:
* Entry Idea: If XLM fails to break above $0.44 - $0.45 and is rejected with bearish confirmation, or if it breaks down convincingly below $0.41.
* Targets:
* Short-term: $0.41 - $0.42
* Mid-term: $0.37 - $0.38
* Stop-Loss (example): Above $0.45 or $0.46.
Key Support & Resistance Levels:
* Resistance: $0.44, $0.45, $0.49, $0.52
* Support: $0.41, $0.40, $0.38