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XLM/USDT — Daily Chart Analysis !!

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XLM/USDT — Daily Chart Analysis

The price is currently trading around $0.40, holding firmly above the demand zone ($0.36–$0.34).

The chart shows a falling channel breakout, which is a bullish reversal pattern.

The Ichimoku Cloud is showing early signs of a bullish trend as the price is attempting to hold above the cloud base.

The moving average (MA) at $0.38 is acting as dynamic support – a positive sign for further upside.

📈 Long Setup:
Entry Zone: $0.38–$0.40
Stop-Loss: Below $0.34 (clear invalidation level)
Targets:
🎯 $0.46 → First Target
🎯 $0.51 → Main Swing Target

DYOR | NFA

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