$XLM /USDT is trading at $0.4349, up an impressive +11.29%, signaling strong bullish momentum after a significant recovery from its intraday low. With the price approaching resistance, traders should monitor key levels for breakout opportunities.
💡 Key Levels to Watch 💡
Resistance 1: $0.4400 – A break above this could confirm continued bullish sentiment.
Target 1: $0.4600 – Immediate upside target if momentum holds.
Target 2: $0.4800 – Continued buying pressure could push XLM to this significant level.
Target 3: $0.5000 – Extended rally potential as bullish sentiment strengthens.
📉 Support Levels
Support 1: $0.4100 – A critical level to hold to preserve bullish momentum.
Support 2: $0.3900 – A fallback zone if a correction occurs.
⚠️ Caution: XLM's sharp move suggests increased volatility. Watch resistance for rejection or confirmation of a breakout, and manage positions with appropriate risk strategies
