Technical analysis by HamadaMark about Symbol XLM: Buy recommendation (5/10/2025)

HamadaMark

🌟 #XLMUSD Daily Analysis — Falling Wedge Breakout with 1x-2X Potential🗓 Published: May 10, 2025📊 Timeframe: 1D | Exchange: Coinbase 🔍 Technical OverviewStellar (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.📌 Setup Highlights:✅ Confirmed Falling Wedge Breakout✅ Retest held at wedge apex + support = bullish continuation✅ 50 MA starting to curl upward✅ Structure shows clear AB=CD continuation pattern🟦 Key Support Zone:$0.201255 — Wedge base and breakout originPanic Level: Close below $0.2510 = invalidation of bullish leg📛 Breakdown = re-entry near $0.20 or wedge retest🎯 Upside Targets:TP1: $0.3880 – mid-channel structureTP2: $0.4881 – key resistance + supply rejection zoneTP3: $0.5965 – full extension / wedge target📈 R:R for this move: ~5.37x with 95% upside from current levels🧠 Strategy Insight• Setup favors holding or adding on dips above $0.31• SL below $0.25 protects structure• Ideal for spot accumulation with partial TP along the way💡 Falling wedges with clean breakouts like this historically lead to explosive rallies — especially in major altcoins with network adoption.🗣 What’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.📢 XLM is no longer sleeping — the wedge snapped, and the runway is clear. Targets are on the table.we ask Allah reconcile and repay