$XLM /USDT BULLISH BREAKOUT 🚀
Key Levels:
- Current Price: $0.3541
- Resistance Levels:
- $0.3552 (24h High)
- $0.3700 (Next Major Resistance)
- Support Levels:
- $0.3252 (24h Low)
- $0.3300 (Previous Support)
Trade Setup:
Long Entry:
- Entry Point: $0.3541
- Take Profit (TP):
- TP1: $0.3650
- TP2: $0.3700
- Stop Loss (SL): $0.3400
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust according to risk tolerance, ideally risking no more than 2% of total capital.
Summary:
We are looking for a long trade on $XLM/USDT due to a bullish breakout above the resistance level of $0.3552. The price has shown strong upward momentum, and the next major resistance is at $0.3700. This setup offers a favorable risk/reward ratio, making it an attractive trade opportunity. 📈💸
Happy trading and may the market be in your favor! 📈💸
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