🔥 Stellar $XLM is showing strong momentum! With a +7.98% surge in the last 24h, traders are now asking:

Will XLM push even higher, or is a retracement coming? Let’s break it down! 👇

🔍 Market Sentiment:

🟩 Bullish, but Watch for a Pullback!

XLM has been on a steady uptrend, but some indicators suggest a potential cooldown before another leg up:

▫️ RSI(14): 66.86 → Strong momentum, but approaching overbought territory

▫️ TD Sequential: 2 Down → Possible short-term pullback signal

▫️ Upper Bollinger Band ($0.335) → Key breakout or resistance level

▫️ SMA(50) at $0.295 → Ideal dip-buying zone

💡 Key Takeaway?

If $XLM breaks and holds above $0.335, we could see a push toward $0.350+. But a short-term dip toward $0.295 - $0.310 is also possible before further upside.

🎯 Trading Idea: Momentum Strategy

🟩 Potential Long Entry (Trend Continuation)

🔹 Buy Zone: $0.310 - $0.320 (On slight pullback near support)

🔹 Stop-Loss: $0.305 (Below recent lows for risk management)

🔹 Take Profit: $0.340 - $0.350 (Upper Bollinger Band target)

🔹 Risk-Reward Ratio: 1:3

🟩 ✔️ Confirmation Before Entering:

▫️ RSI remains above 60 → Momentum intact

▫️ Price finds support above SMA(50) at $0.295

▫️ Sustained buying volume

🟥 Potential Short Entry (Overbought Rejection)

🔹 Sell Zone: $0.330 - $0.335 (If price struggles to break higher)

🔹 Stop-Loss: $0.345 (Above resistance level)

🔹 Take Profit: $0.310 - $0.300 (Possible retracement to SMA(50))

🔹 Risk-Reward Ratio: 1:3

🟥 ✔️ Confirmation Before Shorting:

▫️ Rejection from upper Bollinger Band ($0.335+)

▫️ Weak volume on breakout attempts

▫️ RSI dropping below 60 → Momentum fading

📊 Key Metrics:

💲 Price: $0.324

⚖ H/L: $0.329 | $0.296

🟥 1H Change: -0.58%

🟩 24H Change: +7.98%

🟥 7D Change: -2.27%

🟥 30D Change: -23.33%

⛰️ ATH: $0.876 (-63.01%)

📊 24H Volume: $370.55M

💰 Market Cap: $9.94B

💡 Final Thoughts:

$XLM is in bullish territory, but will it sustain the breakout? If $0.335 is cleared, we could see higher highs. If momentum fades, a dip to $0.310 - $0.295 may offer a better entry.

📢 What’s your move on $XLM? Breakout or pullback? Drop your thoughts below! 👇

🪧 VOTE NOW!

▫️ 🚀 LIKE if you’re BUYING THE DIP!

▫️ 📉 COMMENT “FAKEOUT” if you think it’s a bull trap!

▫️ 🔁 SHARE to see what the community thinks!

#xlm #XLMTrading