$XLM
A bounce from the $0.4202 support zone could lead to a rally toward $0.6864, with further potential to reach $0.8208 and $0.9815 as bullish momentum strengthens.
Failure to hold the $0.4000 support could invalidate the bullish scenario and lead to further downside.
Consider entering long positions near $0.4202, or after a confirmed breakout above the current resistance
Stop-Loss:
Place a stop-loss below $0.4000 to minimize downside risks.
Profit Targets:
Target 1: $0.6864.
Target 2: $0.8208.
Target 3: $0.9815.