Stellar Lumens
Long

#XLMUSD Daily Analysis โ€” Falling Wedge Breakout with 1x-2X Poten

643
๐ŸŒŸ #XLMUSD Daily Analysis โ€” Falling Wedge Breakout with 1x-2X Potential
๐Ÿ—“ Published: May 10, 2025
๐Ÿ“Š Timeframe: 1D | Exchange: Coinbase


๐Ÿ” 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.

๐Ÿ“Œ Setup Highlights:
โœ… Confirmed Falling Wedge Breakout
โœ… Retest held at wedge apex + support = bullish continuation
โœ… 50 MA starting to curl upward
โœ… Structure shows clear AB=CD continuation pattern

๐ŸŸฆ Key Support Zone:
$0.201255 โ€” Wedge base and breakout origin

Panic Level: Close below $0.2510 = invalidation of bullish leg
๐Ÿ“› Breakdown = re-entry near $0.20 or wedge retest

๐ŸŽฏ 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

๐Ÿ“ˆ R:R for this move: ~5.37x with 95% upside from current levels

๐Ÿง  Strategy Insight
โ€ข Setup favors holding or adding on dips above $0.31
โ€ข SL below $0.25 protects structure
โ€ข Ideal for spot accumulation with partial TP along the way

๐Ÿ’ก Falling wedges with clean breakouts like this historically lead to explosive rallies โ€” especially in major altcoins with network adoption.

๐Ÿ—ฃ Whatโ€™s Next?
Reclaim of $0.38 opens up a clean run toward $0.48+.
As long as $0.25 holds, bulls are in full control.

๐Ÿ“ข 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

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.