XLM Breakout Alert – Hidden Gem About to Explode?

XLM/USDT is showing signs of a potential breakout from a long-term descending trendline that has been in play since November 2024. Price recently rebounded from a key demand zone (highlighted in yellow), suggesting strong buying interest at lower levels.

📉 Descending Trendline Resistance
The pair has consistently respected a strong downward trendline, rejecting all breakout attempts—until now. Price action is tightening near the apex, increasing the probability of an upward breakout.

🟨 Key Demand Zone
The $0.2150 - $0.2410 area has proven to be a strong accumulation zone, providing a solid foundation for a potential reversal. Price has shown multiple bullish reactions from this area.

📈 Upside Targets Upon Breakout Confirmation: If a confirmed breakout occurs, the following resistance levels can serve as potential profit-taking targets:

$0.2573 (breakout confirmation zone)

$0.3040

$0.3512

$0.4903

$0.5603

📌 Ideal Scenario:

Potential long entry after a confirmed breakout and retest of the trendline (~$0.25 - $0.26)

Stop loss below the demand zone (~$0.2150)

Attractive risk-to-reward setup with minimum 30% upside potential.

⚠️ Note: Wait for confirmation before entering the trade. Be cautious of false breakouts, especially under high market volatility conditions.