🚀 $XLM

/USDT Technical Analysis – A Bullish Trend in Focus 📊

XLM has shown impressive gains recently, with a 60.66% increase in the last 24 hours! Currently trading at $0.4770, the altcoin has caught the attention of traders. Here's a closer look at the potential price action and key targets for XLM in the coming days.

🔹 Current Price: $0.4770

🔹 24h High: $0.4860

🔹 24h Low: $0.2901

📌 Key Levels to Watch:

1. Target 1: $0.4860 🔝

XLM is currently testing the recent high of $0.4860, which has shown to be a strong resistance point. A breakout above this level could signal continued bullish momentum, with the next target potentially higher.

2. Target 2: $0.5200 🚀

If XLM breaks through $0.4860, the next logical resistance would be around the $0.5200 level. This is a key psychological level where price action may stall before a potential pullback or further rise.

3. Target 3: $0.5500 🎯

Looking further ahead, the $0.5500 target could become relevant if XLM sustains its upward momentum. This is an area where previous price action has struggled, making it a critical level for any continued bullish trend.

Key Insights:

XLM has experienced significant volume with 2.00B XLM traded in the last 24 hours, showing strong market participation.

The depth indicates 40.8091% of buy orders at current levels, suggesting strong support.

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