$XLM Bull Run Confirmed: Time to Take Your Entry!
The momentum for $XLM /USDT is undeniable, with a 16.22% surge in the past 24 hours. Recent market charts show that the price has broken critical resistance levels, signaling a continuation of the bullish rally.
Why This Bull Run Is Strong
1. Clear Uptrend:
The consistent formation of higher highs and higher lows on the 15-minute chart confirms a robust bullish structure.
2. Volume Spike:
A 24-hour trading volume of 182.65M XLM underscores increasing activity, further supporting sustained price movements.
3. Impressive Recovery:
XLM has shown a 330.68% gain over the past 90 days and a 222.34% increase in the last year, reinforcing its bullish momentum.
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Trade Setup
Entry Zone: Around $0.4113.
Target 1: $0.4300 (short-term).
Target 2: $0.4500 (medium-term).
Stop Loss: $0.3950 (to limit potential downside risk).
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Key Observations
In the last session, XLM touched a 24-hour high of $0.4141, reflecting strong buying pressure.
Breaking $0.4200 could act as a catalyst to further fuel the rally.
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This is a golden opportunity to capitalize on the XLM bull wave. However, always prioritize disciplined risk management. Set your targets and stop losses to navigate potential pullbacks effectively.
Stay sharp and trade smart!