$XLM 📉 Stellar (XLM/USDT) Market Update – Binance (1H Chart)
📅 Date: Feb 11, 2025 – 17:18 UTC
💰 Current Price: $0.3256
📊 Volume: 2.25M
⚡ Trend: Pullback After Uptrend, Key Support Test
📍 Key Levels
🔼 Resistance: $0.3273 | $0.3365
🔽 Support: $0.3255 | $0.3239
📊 Indicators & Pattern Analysis
✅ Candle Formation:
Strong rejection near $0.3365, leading to a pullback.
Currently testing short-term support at $0.3255.
✅ Chart Pattern:
Uptrend still valid, but pullback needs confirmation.
Break above $0.3273 could resume bullish move.
✅ Moving Averages:
20-EMA (Green): Acting as resistance.
50-EMA (Blue): Holding as short-term support at $0.3255.
200-EMA (Red): Long-term resistance near $0.3365.
✅ RSI & ADX:
RSI: 49.64 → Neutral, slightly bullish.
ADX: 30.42 → Moderate trend strength.
Bearish pressure (19.45) > Bullish strength (17.59).
📈 Trade Setup
🟢 Long (Buy) – If Support Holds at $0.3255
📌 Entry: $0.3255 - $0.3270
📌 Stop-Loss: $0.3220
📌 Take-Profit: $0.3350 - $0.3400
✅ Confirmation: RSI above 50 + volume increase.
🔴 Short (Sell) – If Breakdown Below $0.3255
📌 Entry: $0.3245 - $0.3250
📌 Stop-Loss: $0.3280
📌 Take-Profit: $0.3200 - $0.3150
✅ Confirmation: RSI dropping below 45 + rejection at 20-EMA.
⏳ Trade Duration: 1-6 Hours
📢 Conclusion:
📊 Pattern: Uptrend Pullback, Watching Support at $0.3255.
⚡ Strategy: Buy if support holds, short if price breaks below support.
📌 Disclaimer: This is not financial advice. Always conduct your own research and manage risks before trading. 🚀
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