🔥 20.36% price increase reflects strong upward momentum. The 20.36% price increase may trigger profit-taking; watch for pullbacks before entering.
Layer 1 Blockchain: $XLM (Stellar) is widely used for cross-border payments, and increasing adoption could sustain the bullish trend.
Trading volume is high, indicating active participation.
Trading Strategy📊📊
Short-Term Strategy (Intraday)
🌱Entry:
Buy on dips near $0.5281 (MA99) or $0.4675.
Buy on breakout above $0.6374 for momentum trades.
🔒Stop-Loss:
Place at $0.5200 for support trades.
Place below $0.6000 for breakout trades.
🎯Take-Profit:
targets: $0.5682, $0.6000, and $0.6441.
✨Mid/Long-Term Strategy (Swing Trading)✨
🌱Entry: Accumulate in the range $0.5281–$0.4675 during pullbacks.
🔒Stop-Loss: Below $0.4332 to avoid further downside risk.
Take-Profit: Gradual exits at $0.6374, $0.7000, and beyond if bullish sentiment persists.
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Resistance.
$0.6374: Set an alert for breakout opportunities.
Support Alerts:
$0.5281 and $0.4675: Watch for potential bounces.
💦Volume Surge Alert:
Track sudden increases in trading volume, as they may signal price movements.