$XLM
/USDT Technical Analysis: Targeting Key Levels 🎯
The recent price surge in XLM/USDT has caught the attention of traders, with the price currently at $0.4912, marking a solid +44.56% increase over the past 24 hours. Let’s break down the key targets for XLM’s next potential moves!
1. First Target – $0.50
XLM is approaching a crucial resistance level at $0.50. This could be the first hurdle, as it aligns with the recent 24h high. If momentum continues, a push past this level could pave the way for further gains.
2. Second Target – $0.55
Above $0.50, the next logical resistance lies at $0.55. This level is significant from previous price action, where the market saw a shift. A breakthrough here could signal sustained bullish movement.
3. Third Target – $0.60
If the bullish trend remains intact, $0.60 would be the next major target to watch. This level could attract more buying pressure, potentially forming a new higher high for XLM.
With a +66.85% gain in the past 24 hours, XLM is showing strong bullish momentum, and these targets are key levels for traders to monitor. Keep an eye on the market, as volatility and volume could lead to rapid movements!