๐ $XLM PARABOLIC UPTREND โ BULLS STILL IN CONTROL BUT NEAR OVERBOUGHT RESISTANCE ZONE!
$XLM continues its strong bullish expansion from 0.18107 to 0.22743, marking a high-momentum rally with massive volume inflow. Price is now hovering just below the 24h high at 0.23240, indicating potential short-term exhaustion. While the trend remains bullish, consolidation or a pullback is likely before any continuation breakout.
๐ Trade Setup
๐น Entry (LONG on dip): 0.2180 โ 0.2225
๐ฏ TP1: 0.2324
๐ฏ TP2: 0.2400
๐ฏ TP3: 0.2500
๐ SL: 0.2090
โ ๏ธ Alternate Setup (Breakout LONG)
๐น Entry: Above 0.2330 (confirmed breakout)
๐ฏ TP: 0.2400 / 0.2500
๐ SL: 0.2200
๐ Market Outlook
Momentum remains strongly bullish as long as price holds above 0.2180 support. However, after a vertical rally, the market is slightly overheated, so short-term pullbacks should be expected before the next impulsive move.
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