#TradingStrategyMistakes š XLM/USDT Outlook: Momentum Builds as Bulls Take Charge
Trend: Strong Bullish Momentum
ā Bullish Scenario:
Price has broken past key resistance at $0.415 and recently tested $0.4500, signaling strong buyer interest.
Short-term EMAs (7 & 25) are trending upward and diverging, confirming bullish strength.
RSI(6) near 72 indicates high momentum, though slightly overbought.
MACD is positive and expanding ā supports further upside.
Volume activity remains healthy, supporting the ongoing rally.
š¼ Potential Resistance Zones:
$0.4600 ā $0.4720 range is the next major hurdle.
If this zone is broken with strong volume, price could extend toward $0.49+.
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ā ļø Bearish Possibility (Short-Term Correction):
RSI near overbought may lead to temporary cooling.
Failure to hold above $0.4450 could lead to a pullback:
Support levels to watch: $0.4170 and $0.3611
š Risk Factors: Weak volume or broader market correction could slow the rally.
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š Summary:
Bias: Bullish
Support Levels: $0.4170 / $0.3611
Resistance Zones: $0.4600 ā $0.4720
Momentum: Strong, but approaching overbought levels.
$BLUM $XLM $SOL $AINBSC $HYPE $ETH $1INCH $PEPE $H $CROSS $XEM $FLOKI $APE $BITCOIN $ADA $BNB
