ANALYSIS of XLM
$XLM TECHNICAL ANALYSIS #TECHNICAL ANALYSIS Let's perform a technical analysis of XLM/USDT (Stellar) based on the 1-hour chart
📈 Current Context Summary
Current price: $0.5084
Daily change: +9.59%
24h high: $0.5103
24h low: $0.4446
Strong volume in the last hours
Clear upward trend with explosive breakout
🔍 Detailed Technical Analysis
✅ 1. Moving Averages
MA(7): $0.4815
MA(25): $0.4692
MA(99): $0.4644
All averages are ordered for upward (short above long) = strongly bullish signal
The price is well above the averages, indicating buying strength but also possible overbought
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✅ 2. Volume
Volume exploded in the last two candles, confirming the strength of the rise.
High volume validates the breakout → entry of large players and/or important technical breakout.
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✅ 3. Resistance and Support
Current resistance (recent high): $0.5103
If it breaks strongly, the next technical target could be near $0.5250–0.5300
Immediate support: region of $0.4810–0.4900 (last consolidation and MA)
⚠️ 4. Attention with Pullback
The current candle is very stretched — there is a risk of short-term correction (pullback) before continuing to rise.
It is ideal to wait for confirmation of breakout with a new candle closing above $0.5100, or entry in pullback at the mentioned supports.
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📌 Conclusion:
🔹 Current situation: BULLISH MOMENTUM
✅ Trend: Strong upward confirmed (breakout + volume)
🟡 Caution: Very stretched in the short term → risk of correction
🔁 Ideal: wait for confirmation of breakout above $0.5100 or re-entry in the pullback (between $0.4850–0.4950)
📈 Suggested Trade (short term)
Ideal entry:
Aggressive: $0.5080 with confirmation above $0.5103
Conservative (pullback): between $0.4850 and $0.4950
Target 1: $0.5250
Target 2: $0.5380
Stop loss: below $0.4790
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