Stellar (#XLM) is approaching a key buy zone near $0.2127, aligning with the 0.786 Fibonacci retracement level. This area presents a potential long opportunity, expecting a reversal from this support level.
🚀 A confirmed breakout from the descending channel could drive $XLM towards $0.5734 and beyond.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
⏳ #Stellar ($XLM/USDT) Analysis
Stellar (#XLM) is approaching a key buy zone near $0.2127, aligning with the 0.786 Fibonacci retracement level. This area presents a potential long opportunity, expecting a reversal from this support level.
🚀 A confirmed breakout from the descending channel could drive $XLM towards $0.5734 and beyond.
T1: $0.3788
T2: $0.4746
Final Target: $0.5734
Stop-loss at $0.1587 to limit potential losses.
@crypto_