đŸ”„ Stellar $XLM is showing strong momentum! With a +7.98% surge in the last 24h, traders are now asking:

Will XLM push even higher, or is a retracement coming? Let’s break it down! 👇

🔍 Market Sentiment:

đŸŸ© Bullish, but Watch for a Pullback!

XLM has been on a steady uptrend, but some indicators suggest a potential cooldown before another leg up:

▫ RSI(14): 66.86 → Strong momentum, but approaching overbought territory

▫ TD Sequential: 2 Down → Possible short-term pullback signal

▫ Upper Bollinger Band ($0.335) → Key breakout or resistance level

▫ SMA(50) at $0.295 → Ideal dip-buying zone

💡 Key Takeaway?

If $XLM breaks and holds above $0.335, we could see a push toward $0.350+. But a short-term dip toward $0.295 - $0.310 is also possible before further upside.

🎯 Trading Idea: Momentum Strategy

đŸŸ© Potential Long Entry (Trend Continuation)

đŸ”č Buy Zone: $0.310 - $0.320 (On slight pullback near support)

đŸ”č Stop-Loss: $0.305 (Below recent lows for risk management)

đŸ”č Take Profit: $0.340 - $0.350 (Upper Bollinger Band target)

đŸ”č Risk-Reward Ratio: 1:3

đŸŸ© ✔ Confirmation Before Entering:

▫ RSI remains above 60 → Momentum intact

▫ Price finds support above SMA(50) at $0.295

▫ Sustained buying volume

đŸŸ„ Potential Short Entry (Overbought Rejection)

đŸ”č Sell Zone: $0.330 - $0.335 (If price struggles to break higher)

đŸ”č Stop-Loss: $0.345 (Above resistance level)

đŸ”č Take Profit: $0.310 - $0.300 (Possible retracement to SMA(50))

đŸ”č Risk-Reward Ratio: 1:3

đŸŸ„ ✔ Confirmation Before Shorting:

▫ Rejection from upper Bollinger Band ($0.335+)

▫ Weak volume on breakout attempts

▫ RSI dropping below 60 → Momentum fading

📊 Key Metrics:

đŸ’Č Price: $0.324

⚖ H/L: $0.329 | $0.296

đŸŸ„ 1H Change: -0.58%

đŸŸ© 24H Change: +7.98%

đŸŸ„ 7D Change: -2.27%

đŸŸ„ 30D Change: -23.33%

⛰ ATH: $0.876 (-63.01%)

📊 24H Volume: $370.55M

💰 Market Cap: $9.94B

💡 Final Thoughts:

$XLM is in bullish territory, but will it sustain the breakout? If $0.335 is cleared, we could see higher highs. If momentum fades, a dip to $0.310 - $0.295 may offer a better entry.

📱 What’s your move on $XLM? Breakout or pullback? Drop your thoughts below! 👇

đŸȘ§ VOTE NOW!

▫ 🚀 LIKE if you’re BUYING THE DIP!

▫ 📉 COMMENT “FAKEOUT” if you think it’s a bull trap!

▫ 🔁 SHARE to see what the community thinks!

#xlm #XLMTrading

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