$XLM USDT – STRONG UPTREND HOLDS! BREAKOUT RETEST IN PLAY
BULLS DEFEND MOVING AVERAGES
HIGHER LOWS CONFIRM STRENGTH
$XLM has surged over 26% in the last 24 hours, printing a local high at $0.4078 before pulling back slightly. Despite the dip, price remains above the 7 EMA ($0.3807), signaling that the bulls are still in control. The recent red candles show healthy consolidation as the market prepares for a potential second wave upward.
The structure on the 1H chart suggests a classic breakout-retest setup forming near the $0.3850–$0.3900 region. Holding this level could trigger continuation toward new highs.
Trade Setup (Long):
Entry: $0.3860–$0.3900
Targets:
• TP1: $0.4180
• TP2: $0.4450
Stop Loss: $0.3700
Outlook: As long as $XLM holds above its short-term EMAs, momentum favors the upside.
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