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
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.
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
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.