$XLM Bull Run Confirmed: Take Your Entry Now!š„šÆ
The momentum for XLM/USDT is undeniable, with a 16.22% surge in the past 24 hours, as shown in the recent market chart. The price has broken critical resistance levels, signaling a continuation of the bull run.
Why the Bull Run is Strong
1. Clear Uptrend: The consistent formation of higher highs and higher lows in the 15-minute chart indicates a strong bullish structure.
2. Volume Spike: With 24-hour trading volume reaching 182.65M XLM, the increasing activity supports sustained price movement.
3. Recovery Momentum: XLM has shown significant recovery with a 330.68% gain in 90 days and a 222.34% increase over the past year, reinforcing its bullish trajectory.
Trade Setup
ā¢ Entry Zone: Current price near $0.4113.
ā¢ Target 1: $0.4300 (short-term).
ā¢ Target 2: $0.4500 (medium-term).
ā¢ Stop Loss: $0.3950 (to minimize risk if momentum fades).
Key Observations
ā¢ In the last session, XLM touched a 24-hour high of $0.4141, indicating strong buying interest.
ā¢ The price action suggests that breaking $0.4200 could further fuel the rally.
This is a golden opportunity to ride the bull wave while adhering to disciplined risk management. Ensure you have your targets and stop loss in place to navigate any market pullbacks effectively!