Take Profit Levels:
Take Profit 1: $0.635 (Low Risk)
Closest resistance level.Ideal for traders looking for modest gains with minimal risk.
Take Profit 2: $0.66 (Medium Risk)
Represents the mid-level trend target based on past resistance.Aligns with Fibonacci retracement zones or psychological levels.
Take Profit 3: $0.70 (High Risk)
A breakout target if the momentum builds strongly.Could be hit if broader market sentiment is bullish.
Risk-Reward Ratio:
Stop Loss: $0.605 (below recent support levels).Risk-Reward:Take Profit 1: 1:1.5Take Profit 2: 1:3Take Profit 3: 1:5
Key Market Insights:
Volumes:Check trading volume on exchanges. A volume surge confirms upward movement.Market Sentiment:Follow broader crypto market trends. XLM often moves in correlation with Bitcoin (BTC).
