UnknownUnicorn10064030

XLM/USDT - Potential Short Scenario

Short
KRAKEN:XLMUSD   Lumen
Hello Traders!

The XLM ends the decline phase usually followed by an accumulation.

The return of the price to the main trading range of $0.050 - $0.116 will give the opportunity to find entry points for medium-term purchases.

It's worth accumulating closer to the support level of $0.050, in the range of $0.050 - $0.073.

Price levels of $0.137 and $0.200 will be the profit-taking targets of such trades

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered financial advice

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