XLM is about to break through the night shock! The $0.43 support is stable, and the short-term T+0 strategy accurately captures profits!

The current real-time price of XLM (Stellar) is $0.4314. The market sentiment has been relatively active recently, and XLM is in a state of shock consolidation. The price has formed a strong support near $0.43, showing the potential for a rebound. The night trading session is about to begin, and XLM may usher in a large fluctuation. Short-term traders can seize short-term trading opportunities by taking advantage of the breakthrough of support and resistance levels.

Technical analysis and key points:

Support level: $0.43, the current price is close to this support, and if the price stabilizes above this support level, it is expected to rebound. Pressure level: $0.44, after breaking through this level, XLM may rise further to $0.45.

From the 4-hour chart, XLM is strongly supported near $0.43. If it breaks through the pressure level of $0.44, the price is expected to accelerate to $0.45. However, if the breakout fails, the price may fall back below $0.43 and test the lower support level of $0.42.

Short-term contract strategy:

Long strategy:

Entry point: When the XLM price pulls back to $0.43 and gets support, you can consider going long. Stop loss: $0.42 to prevent the price from falling further. Target: $0.44, which can be held to $0.45 after the breakout. Leverage: Using 2x leverage to adapt to nighttime fluctuations can increase profit margins while maintaining risk control.

Short strategy:

Entry point: If the XLM price fails to continue to rise after breaking through $0.44 and falls back to below $0.43, you can consider shorting. Stop loss: $0.45 to prevent the price from continuing to rise. Target: $0.43, if it falls below this support level, it may fall further to $0.42. Leverage: Using 2x leverage to flexibly respond to market fluctuations and ensure that risks are controllable.

XLM price shows strong support near the $0.43 support level and is expected to rebound and may break through $0.44 and rise further to $0.45. However, if the price fails to break through $0.44 and a pullback occurs, it may fall back below $0.43 or even test $0.42. Short-term traders can flexibly adjust their strategies according to the immediate market trend. $XLM