MyCryptoParadise

XLM/USDT potential shift? πŸ‘€ πŸš€ XLM Today analysis

Long
BINANCE:XLMUSDT   Stellar / TetherUS
πŸ’Ž Paradisers, gear up for potential opportunities with XLMUSDT! The asset is showcasing intriguing dynamics, with a recent resistance level transitioning into a support, hinting at a heightened likelihood of a bullish trajectory.

πŸ’Ž In our past observations, XLM broke free from a descending trendline, initiating an upward trend. It faced a rejection at the resistance level of 0.1201 on its first attempt but managed to breach it on the second try, turning this resistance into its current support.

πŸ’Ž The VRVP highlights significant volume at this support level, suggesting a strong possibility of an upward push from here to challenge higher resistances.

πŸ’Ž However, if the STELLAR struggles to maintain its current momentum, it might seek bullish support from the demand zone. A breach below this demand zone could signal a bearish downturn. Stay alert and strategize accordingly!
Trade closed: target reached:
πŸ’Ž Nailed it again - #XLMUSDT is up 17.76%, right on cue!
Comment:

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

Join FREEπŸ‘‰ t.me/+QwK2mkoTGBU0Nzc0

πŸŽ–οΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals πŸ‘‰ shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.