$XLM /USDT BULLISH BREAKOUT IMMINENT ๐
Key Levels:
- Support: $0.3984
- Resistance: $0.4375, $0.4600
- Current Price: $0.3984
Trade Setup:
- Long Entry: $0.3984
- Take Profit (TP):
- TP1: $0.4375
- TP2: $0.4600
- Stop Loss (SL): $0.3868
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust to risk no more than 2% of your trading capital
Summary:
We are looking for a long trade on $XLM/USDT due to the strong support at $0.3984 and the potential for a bullish breakout towards $0.4375 and $0.4600. The current price action suggests a reversal from the support level, making it an attractive entry point for a long position. ๐๐ธ
Happy Trading! ๐๐ธ
Hope this helps! If you need any adjustments or have other requests, feel free to ask ๐