$XLM BULLISH RECOVERY IN PLAY! 📈
The bulls are showing immense strength! After a massive explosive move away from the consolidation floor, $XLM has successfully broken out into an aggressive markup phase. We are currently looking to capitalize on this short-term pullback into dynamic support.
🟢 Entry Zone: 0.1660 – 0.1700
🎯 TP: 0.1880
🛑 SL: 0.1610
My Thoughts:
The indicator confluence here is incredibly strong. Price is trading well above the yellow 200 EMA (0.1513), confirming a powerful shift into a macro bull trend. Furthermore, this recent corrective dip is finding immediate support right at the white VWAP line (0.1659). Since the daily bias is heavily bullish and the VWAP line is acting as a solid dynamic floor, this retest is the perfect low-risk entry zone to catch the next impulse wave toward higher targets.
