$XLM

/USDT Technical Analysis 🎯

Current Price: $0.4997 (+11.07%)

Stellar (XLM) is showing bullish momentum, breaking past key resistance levels. Let's dive into the analysis:

Key Targets:

1️⃣ $0.5100 – First Resistance

This level marks the recent 24-hour high. A strong breakout here could signal continued upward movement, supported by high trading volume.

2️⃣ $0.5250 – Mid-Term Target

If XLM maintains its bullish trend, $0.5250 could be a crucial zone where traders may lock profits. Watch for potential consolidation near this level.

3️⃣ $0.5500 – Ultimate Target

Breaking this psychological barrier would confirm strong market sentiment and could trigger a larger rally, making it a key area for long-term traders.

Support Levels to Watch:

Immediate: $0.4900

Strong Support: $0.4700

Indicators:

RSI is trending near overbought zones, signaling strength but caution for pullbacks.

24h Volume at $533M highlights robust market activity.

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