$XLM /USDT 4H Trade Setup
Market Insight:
$XLM is showing strong bullish momentum with an 8.05% gain, currently trading at $0.4445. The 24h volume is very healthy (~258M XLM, $116M USDT), indicating strong market interest. Price is approaching recent highs near $0.469, suggesting potential for further upside if it breaks out.
Entry Zone:
Ideal buy zone: $0.4400 – $0.4445 (near current price with support at moving averages)
Targets:
Target 1: $0.4570 (minor resistance and previous swing area)
Target 2: $0.4690 (24h high)
Target 3: $0.4750 (psychological resistance and potential breakout area)
Stop Loss:
Below $0.4300 (below recent support and moving averages)
Key Levels:
Support: $0.4400, $0.4247 (near MA levels)
Resistance: $0.4689 (24h high), $0.4726 (recent peak)
Pivot: $0.4445 (current price and volume support zone)
Pro Tip:
Watch for a clean break and hold above $0.4689 on volume to confirm continuation. If price pulls back, the $0.4400 level and moving averages should act as support. Consider scaling in gradually to manage risk and capture momentum.
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