$XLM
/USDT Technical Analysis – Key Levels to Watch 🎯
XLM/USDT has been in a strong upward trend, with a +77.59% price surge over the last 24 hours, currently sitting at $0.5237. Let’s break down the key levels and potential targets for this pair.
1. Target 1: $0.5500
A key resistance level that could see further upward momentum if the current bullish trend continues. Watch for a breakout above this level for confirmation of continued strength.
2. Target 2: $0.5248 (24h High)
The immediate resistance zone. If XLM breaks this level, it could confirm the bullish sentiment, testing higher price levels in the short term.
3. Target 3: $0.5000
A significant support level. If price retraces, this level will act as a solid support to maintain the upward trend. Look for a bounce here to continue bullish momentum.
Key Insights:
24h High: $0.5248
24h Low: $0.2930
Volume (XLM): 2.17B
Volume (USDT): 892.98M
Stay tuned for more updates and watch these levels closely for potential opportunities in XLM/USDT. Happy trading!