$XLM /USDT Analysis: Triple Bull Run Pattern in Formation!🔥💯

The $XLM /USDT market is showing a powerful recovery after a sharp dip, signaling strong bullish momentum. The chart illustrates the formation of a potential Triple Bull Run Pattern, marked by consecutive bullish candles and higher lows. This pattern suggests the market could be preparing for a significant breakout.

Key Levels for Entry:

• Long Trade Entry: Enter near $0.3500 with a target of $0.3700 and a stop loss at $0.3400. This aligns with the upward momentum seen in the recent candles.

• Short Trade Entry: Consider entering near $0.3600 if the price shows rejection at resistance, targeting $0.3400, with a stop loss at $0.3650.

Market Outlook:

With trading volume increasing (as seen in the order book), buyers dominate the market, accounting for 59.82% of activity. This upward pressure aligns with the current bullish pattern, which could drive prices toward $0.4000 if the momentum holds. However, traders should watch for resistance around $0.3600 - $0.3700 for potential consolidation or retracement.

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