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$XLM 🤑💰🔥

/USDT 1-Hour Technical Analysis 🚀

The XLM/USDT pair is currently trading at 0.3650 USDT, showing a slight decline of -0.20%. Let’s take a closer look at the critical levels to watch for a potential breakout or further consolidation.

Key Support Levels 📉:

1. 0.3466 USDT – A crucial support level. If the price dips here, we might see a potential reversal or consolidation before heading higher.

2. 0.3400 USDT – A secondary support, providing a buffer for potential price retracement. Watch for price stability around this level for potential buying opportunities.

3. 0.3350 USDT – A deep support level that could act as the last line of defense for bulls, signaling a possible strong bounce back.

Key Resistance Levels 📈:

1. 0.3600 USDT – The first hurdle for XLM bulls. A successful break above this level could open the door to further gains.

2. 0.3550 USDT – Close to the 0.3600 mark, this is another resistance level to monitor. If XLM manages to surpass this zone, the next targets could be reached with ease.

Outlook: If XLM/USDT maintains momentum above the 0.3550-0.3600 range, expect potential upward movement toward the 0.3750 region. However, if the price drops below the key support zones, we may see further corrections toward the 0.3200 level.

Keep your eyes on these targets and stay tuned for further updates!