🚨 $XLM /USDT ALERT: Rapid Movement Detected – Eyes on the Chart! 🚨
XLM is trading at $0.5359, up 1.57%, after a strong breakout that reached a high of $0.5623. The momentum is bullish, but the market might see a retest or further breakout.
Key Levels to Watch:
Resistance: $0.5500, $0.5600, $0.5700 – Breaking these levels could indicate a continuation of the upward trend.
Support: $0.5200, $0.5100, $0.5000 – Holding above these levels is critical for maintaining the bullish momentum.
Trade Setup:
Long Entry: Above $0.5400, targeting $0.5500, $0.5600, and $0.5700, with a stop loss at $0.5200.
Short Entry: Below $0.5200, aiming for $0.5100, $0.5000, and $0.4900, with a stop loss at $0.5300.
XLM is showing high volatility – be prepared for sharp moves in either direction!