XLM/USDT - 1D
💰 Price: 0.485 USDT
📊 Volume: 123,413,574 XLM (high volume, reflects strong institutional and retail participation).
📌 Indicators:
- RSI (14): 76.35 🔼 → Overbought, possible exhaustion.
- MACD: Active bullish cross, positive momentum.
- BBands: Within the range, no extreme pressure.
- SMA50: Price above, current dynamic support.
- Ichimoku: Price above the cloud, confirms bullish trend.
📊 Analysis:
- Trend:
XLM is gaining strength. The ADX indicates a very strong trend, supported by Parabolic Sar and positive MOM. However, the TD Sequential at 1 Down could be anticipating a pause or slight pullback.
- Volatility:
ATR at 0.0358 USDT and average volatility of 6.55% → ideal for scalping or swing with active management.
- Patterns:
No divergences in RSI, which validates the momentum. The CCI is not yet in extreme territory, allowing room for continuation.
- Supports:
0.3724 USDT
0.3678 USDT
0.3281 USDT
- Resistances:
0.4849 USDT (current)
0.5667 USDT (technical target)
🎯 Strategy:
- Scenario 1 (Bullish continuation): If it breaks and consolidates above 0.485 USDT, entry at 0.487 USDT. TP at 0.566 USDT, SL at 0.450 USDT. Ideal for swing with dynamic trailing.
- Scenario 2 (Correction): If there is rejection at 0.485 USDT, wait for a pullback to 0.372 USDT. Entry at 0.375 USDT, TP at 0.450 USDT, SL at 0.350 USDT.
🔍 Observations:
- RSI and MFI in overbought zone → possible profit-taking.
- TD Sequential at 1 Down → early warning of correction.
- High volume and no divergences → there is still interest, but it is not the time to enter without a clear plan.
Cryptocurrency trading involves high risk. (DYOR)
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