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Technical analysis by TradeWithMky about Symbol XLM: Buy recommendation (7/6/2025)

https://sahmeto.com/message/3616171
TradeWithMky
TradeWithMky
Rank: 1563
2.5
Buy،Technical،TradeWithMky

This chart provides a technical analysis of Stellar (XLM) against Tether (USDT) on a daily timeframe, highlighting a potential breakout scenario. The price has been trending downward, approaching a key support area. The green arrow indicates a possible upward movement if a confirmed low is established below the highlighted zone. Key levels to watch include the support at around 0.2396 and the resistance trendline. Analysis conducted on TradingView as of July 06, 2025, 10:33 AM BST.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$0.3
Stop Loss Price
$0.24
Price at Publish Time:
$0.23976
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