Stellar / TetherUS
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$XLM/USDT Analysis

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XXLM/USDT Analysis

#XLM is consolidating within a symmetrical triangle pattern on the 6-hour chart.
The price is nearing the breakout point, and a decisive move is expected soon.
If the price breaks above resistance, it could initiate a strong uptrend. Conversely, a breakdown of the support below may lead to further downside

Waiting for confirmation of the breakout with volume before entering a position is recommended.

Entry: CMP
Target: $0.6000 - $0.7000
SL: $0.3941

DYOR, NFA

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