XLM/USDT Analysis
1D
🔹 0.425 USDT
🔹 Volume (24h): 68.59M XLM
🔹 Average Volatility: 7.63%
📊 Indicators:
✅ RSI(14): 60.35 - Neutral-bullish, but close to overbought zone.
⚠ MFI(14): 66.53 - Money coming in, but with risk of exhaustion.
✅ CCI(14): -98.60 - Selling pressure, but in potential bounce zone.
⚠ BBands(20,2): Price in middle zone, not touching bands.
🔴 MACD: Recent bearish cross, signal of short-term weakness.
✅ ADX: VERY strong bullish trend (ADX > 25), but with contradictory indicators.
🔴 Parabolic SAR: Bearish signal, conflicting with ADX.
🔴 MOM(10): Negative, confirming momentary weakness.
✅ SMA(50): Price above (0.343), key support in medium term.
📊 VPVR: Accumulation zone at 0.402 (immediate support).
📊 Analysis:
- Trend: Bullish in the general frame (strong ADX + above SMA 50), but with signs of short-term correction (negative MACD, SAR, MOM).
- Volatility: Moderate-high (7.63%), typical of XLM. Sharp movements possible.
- Patterns: Price rejected at 0.431 today, but maintains bullish structure in larger timeframes.
- Supports:
0.402 (lower BB + VPVR),
0.373 (Ichimoku cloud + SMA 50),
0.368 (recent low).
- Resistances:
0.431 (today's high),
0.500 (psychological + upper BB).
🎯 Strategy:
- Scenario 1 (Bullish Bounce): If the price bounces at 0.402 with volume, enter at 0.410. TP1: 0.431, TP2: 0.450. SL: 0.395.
- Scenario 2 (Deep Correction): If it breaks 0.402 strongly, wait for a drop to 0.373. Possible entry at 0.375 with SL at 0.365.
- Scenario 3 (Lateral): Range 0.402-0.431. Scalping at the extremes with adjusted SL (e.g., 0.398 for longs, 0.435 for shorts).
🔍 Observations:
- Today's volume was low compared to previous days, lacking conviction.
- The Ichimoku cloud (0.368-0.373) is the last bullish stronghold: if lost, it could change the trend.
- The high ADX suggests any correction would be violent, but possibly temporary.
DYOR