📊$XLM (8H)
Analysis:
XLMUSDT is bouncing off the EMA200 on the 8H chart, showcasing a strong support area. The setup looks promising for a break above the descending trendline, potentially igniting bullish momentum. With increasing volume, there's a good chance for upward movement.
Price Targets:
If the trendline is broken, look for targets at $0.44, $0.52, $0.59, $0.65, $0.74, and $0.86. Keep an eye on these levels as potential resistance points.