Support: $0.3300 – A strong demand zone for a potential bounce.
Resistance: $0.3480 – A breakout here could send prices soaring!
📈 Long Setup (Bullish Play):
Entry Zone: $0.3400 - $0.3450 (Buy on dips for better risk-reward)
Take Profit Targets:
TP1: $0.3500
TP2: $0.3550
TP3: $0.3600+
Stop Loss: Below $0.3300
📉 Short Setup (Bearish Play):
Entry Zone: $0.3480 - $0.3500 (Short if rejection confirmed)
Take Profit Targets:
TP1: $0.3400
TP2: $0.3350
TP3: $0.3300
Stop Loss: Above $0.3550
📊 Market Insight: $XLM has shown strong bullish momentum, and price action is testing resistance at $0.3480. A confirmed breakout could open up further upside towards $0.3600+. Failure to break resistance could bring in short-term pullbacks.
💡 Pro Tip: Watch for high-volume breakouts—this could signal the start of a larger rally. 🚀