$XLM

/USDT Technical Analysis: Stellar's Soaring Momentum!

Stellar (XLM) has been making waves, with a +66.32% price surge in just 24 hours. This Layer 1 gem has caught traders' attention, and the technicals suggest there's more to watch!

Key Levels to Watch:

1️⃣ Target 1: $0.5000

Resistance Zone: Psychological level and Fibonacci extension. Breaking this could invite more bullish momentum.

2️⃣ Target 2: $0.5500

A stronger resistance zone aligned with previous liquidity levels. Bulls need high volume to break through this.

3️⃣ Target 3: $0.6200

The ultimate short-term target for now. This aligns with a major supply zone from previous price action, where profit-taking might occur.

Support Levels:

Immediate Support: $0.4500

Major Support: $0.4000

Indicators Signal Strength:

RSI: Approaching overbought at 72, indicating strong momentum but watch for corrections

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