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Technical analysis by CryptoNuclear about Symbol XLM: Buy recommendation (6/26/2025)

https://sahmeto.com/message/3604293
CryptoNuclear
CryptoNuclear
Rank: 30415
0.8
Buy،Technical،CryptoNuclear

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 ResistanceThe 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 ZoneThe $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.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.2411
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