๐ #XLMUSD Daily Analysis โ Falling Wedge Breakout with 1x-2X Potential
๐ Published: May 10, 2025
๐ Timeframe: 1D | Exchange: Coinbase
๐ Technical Overview
Stellar (XLM) has broken out of a multi-month falling wedge, confirming a bullish reversal after forming a strong base near $0.20. The breakout candle cleared structure resistance and flipped trend momentum back to the upside.
๐ Setup Highlights:
โ Confirmed Falling Wedge Breakout
โ Retest held at wedge apex + support = bullish continuation
โ 50 MA starting to curl upward
โ Structure shows clear AB=CD continuation pattern
๐ฆ Key Support Zone:
$0.201255 โ Wedge base and breakout origin
Panic Level: Close below $0.2510 = invalidation of bullish leg
๐ Breakdown = re-entry near $0.20 or wedge retest
๐ฏ Upside Targets:
TP1: $0.3880 โ mid-channel structure
TP2: $0.4881 โ key resistance + supply rejection zone
TP3: $0.5965 โ full extension / wedge target
๐ R:R for this move: ~5.37x with 95% upside from current levels
๐ง Strategy Insight
โข Setup favors holding or adding on dips above $0.31
โข SL below $0.25 protects structure
โข Ideal for spot accumulation with partial TP along the way
๐ก Falling wedges with clean breakouts like this historically lead to explosive rallies โ especially in major altcoins with network adoption.
๐ฃ Whatโs Next?
Reclaim of $0.38 opens up a clean run toward $0.48+.
As long as $0.25 holds, bulls are in full control.
๐ข XLM is no longer sleeping โ the wedge snapped, and the runway is clear. Targets are on the table.
we ask Allah reconcile and repay
๐ Published: May 10, 2025
๐ Timeframe: 1D | Exchange: Coinbase
๐ Technical Overview
Stellar (XLM) has broken out of a multi-month falling wedge, confirming a bullish reversal after forming a strong base near $0.20. The breakout candle cleared structure resistance and flipped trend momentum back to the upside.
๐ Setup Highlights:
โ Confirmed Falling Wedge Breakout
โ Retest held at wedge apex + support = bullish continuation
โ 50 MA starting to curl upward
โ Structure shows clear AB=CD continuation pattern
๐ฆ Key Support Zone:
$0.201255 โ Wedge base and breakout origin
Panic Level: Close below $0.2510 = invalidation of bullish leg
๐ Breakdown = re-entry near $0.20 or wedge retest
๐ฏ Upside Targets:
TP1: $0.3880 โ mid-channel structure
TP2: $0.4881 โ key resistance + supply rejection zone
TP3: $0.5965 โ full extension / wedge target
๐ R:R for this move: ~5.37x with 95% upside from current levels
๐ง Strategy Insight
โข Setup favors holding or adding on dips above $0.31
โข SL below $0.25 protects structure
โข Ideal for spot accumulation with partial TP along the way
๐ก Falling wedges with clean breakouts like this historically lead to explosive rallies โ especially in major altcoins with network adoption.
๐ฃ Whatโs Next?
Reclaim of $0.38 opens up a clean run toward $0.48+.
As long as $0.25 holds, bulls are in full control.
๐ข XLM is no longer sleeping โ the wedge snapped, and the runway is clear. Targets are on the table.
we ask Allah reconcile and repay
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.