$XLM /USDT Bull run confirmed ⚠️
BULLISH BREAKOUT!
The $XLM /USDT pair has shown a significant bullish breakout, currently trading at $0.4842, up by 15.56% in the last 24 hours. The 4-hour chart on Binance indicates a strong upward momentum.
Key Levels:
- Resistance: $0.5893
- Support: $0.4464
- Current Price: $0.4842
Trade Setup:
- Long Entry: $0.4842
- Target Price (TP): $0.5893
- Stop Loss (SL): $0.4464
Market Outlook:
The market is showing strong bullish signals with a breakout above the resistance level. The volume is increasing, indicating strong buying interest. The next resistance level to watch is $0.5893, which could be the next target for the bulls.
Risk Management:
Always use a stop loss to protect your capital. In this setup, the stop loss is placed at $0.4464 to minimize potential losses.
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