$XLM
📈 Market Overview
Price: $0.4345, up ~13% in the last 24 h, with intraday range of $0.372–$0.436 .
Weekly surge: XLM has rallied ~56–72% this week, leading the top‑20 cryptos .
Key drivers:
1. PayPal’s PYUSD stablecoin expanding to Stellar network .
2. Protocol 23 upgrade & Stellar Core v23 rc release boosting sentiment .
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🔍 Technical Snapshot
Bullish breakout above falling‑wedge (~$0.32) and ascending channel .
RSI: ~85 (overbought) .
MACD, SMA/EMA: Bullish alignment (SMA7/SMA50 crossover, EMA12>EMA26) .
Resistance zones: Key levels at ~$0.42–$0.44 (current), next at ~$0.50 .
Support zones: ~$0.30 (prior consolidation), then ~$0.38–$0.40 area .
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🎯 Today’s Signal
Bias: Bullish, but caution warranted due to overbought RSI.
Entry Zone: Aggressive: $0.42–$0.43 | Cautious: wait for dip to $0.40–$0.41.
Take Profit Targets:
TP1: $0.48–$0.50 (psychological and next resistance band)
TP2: $0.55 (extension if momentum holds)
Stop-Loss:
SL1: $0.40 (just under recent breakout pivot)
SL2: $0.385 (below key support level)
#TradingStrategyMistakes
