Binance Technical Analysis: $XLM

/USDT – 3 Key Price Targets 🎯

XLM/USDT has shown significant bullish movement, with a 56.90% increase in the last 24 hours. Let's dive into the technical analysis and identify three key targets to watch:

1. Target 1: $0.4750

As XLM has recently reached a 24h high of $0.4746, we anticipate a potential breakout above $0.4750. A solid move above this level could trigger further upward momentum toward $0.50.

2. Target 2: $0.4200

The $0.4200 level serves as a critical support area. If the price pulls back, this level could offer a strong bounce, ensuring the bullish trend remains intact. Watch for any signs of reversal at this price point.

3. Target 3: $0.4000

In case of a deeper pullback, the $0.4000 mark is a key psychological level that could present a strong buying opportunity, provided the price holds support here.

Keep an eye on these targets as XLM/USDT continues to show strong bullish signs. Always use proper risk management and trade wisely!

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