$XLM : Bullish Momentum with Key Resistance in Sight
$XLM is currently trading at $0.4666, up an impressive 11.66%. The price surged from its 24-hour low of $0.4155 to a high of $0.4819, supported by strong bullish momentum. The RSI at 55.42 indicates a healthy upward trend, while Williams %R suggests there’s room for further gains.
Key Levels to Watch:
Resistance Levels (Targets):
1. $0.4700
2. $0.4800
3. $0.4950
Support Levels:
1. $0.4560
2. $0.4420
Market Insight:
A breakout above $0.4700 could see $XLM testing $0.4800 and potentially targeting $0.4950. However, if the price retraces, $0.4560 serves as immediate support. Watch for volume surges to confirm the breakout potential.
Pro Tip: Trail stop-losses near $0.4560 to protect gains and stay aligned with the trend.