$XLM /USDT Analysis
Current Price: 0.4548
Pattern: Bullish Flag formation on the 30-min chart.
Key Levels:
Long Entry: 0.4600ā0.4630 (Breakout confirmation zone)
Target: 0.4800
Stop Loss: 0.4500
Market Outlook:
A breakout above 0.4600 confirms bullish continuation with strong upward momentum.
If the price holds support near 0.4500, the bullish outlook remains valid.
Watch for volume confirmation on the breakout for added conviction.
Technical Insight:
The bullish flag indicates a consolidation phase before a potential upward move. A successful breakout could signal further gains.
Next Move: Monitor price action closely near 0.4600 for an ideal entry.