Here's a quick technical snapshot of Stellar $XLM /USDT.
๐ XLM/USDT Technical Analysis
Current Price: $0.3179
24h Change: +1.66%
High: $0.3181
Low: $0.2973
Key Structure: CHoCH (Change of Character) & Equilibrium identified
Timeframe Reference: Likely 15mโ1h chart
๐งญ Key Levels
TypePriceResistance$0.3250 โ $0.3400Support$0.3090 โ $0.2970Equilibrium~$0.3150CHoCH Zone$0.3048
๐ Market Interpretation
Equilibrium at $0.3150 suggests the market is balancing โ this is a magnet price.
CHoCH at $0.3048 implies a recent structure shift, possibly from bearish to bullish on lower timeframes.
Support Zone: $0.3090โ$0.2970 looks solid. Price bounced from this area before.
Resistance Cluster: Between $0.3250โ$0.3400 โ a breakout here could trigger a short-term rally.
โ๏ธ Trading Outlook
โ Bullish Scenario
Break and hold above $0.3250, target: $0.3350โ$0.3400
SL: Below $0.3100
Entry: On pullback to $0.3150โ$0.3170 after breakout confirmation
โ Bearish Scenario
Rejection at $0.3180โ$0.3200 and close below $0.3090
Target: $0.3000โ$0.2950 (Discount zone)
SL: Above $0.3200
๐ง Final Note
Stellar is showing early signs of recovery but remains near equilibrium. Volume and momentum around $0.3250 will be critical to watch for breakout confirmation. Consider a neutral-to-bullish bias while above $0.3090.
Let me know if you'd like this chart plotted or alerts built around these levels.
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