$XLM

XLM/USDT is showing a strong performance today with a notable +10.7% increase in the last 24 hours. The large buying rate (71%) in the last minute with a huge trading volume (465.63K USDT) indicates a strong positive momentum.

Quick Analysis:

1. General Trend: The coin is in a clear uptrend, with higher highs and higher lows continuing.

2. Volume: The large daily trading volume (112.95M USDT) reflects strong interest from traders.

3. Support and Resistance:

Current Support: 0.3675-0.3620 USDT.

Next Resistance: 0.3782-0.3800 USDT (highest level on the chart).

Recommendation:

For short-term scalping: If the price breaks the 0.3782 resistance firmly, there may be room for additional profits. However, place a stop loss order at 0.3675 to reduce the risk.

Medium/Long Term: With the current momentum, the currency may be good for gradual buying, especially if the breakout above 0.3800 is confirmed.

Additional tip: Be prepared for sharp volatility due to the high trading volume and general market trend at the beginning of the new year.