For $XLM /USDT on the 15-minute chart, the current price is 0.1243, reflecting a significant 12.69% increase.
A recent peak at 0.1327 serves as the primary resistance level, which could challenge further upward movement.
On the downside, support is noted around 0.1145, offering a foundation in case of pullbacks.
To enter this setup, a strategic entry point is close to the current price at 0.1240.
For incremental profit-taking, the following targets are suggested: TP1 at 0.1260, TP2 at 0.1280, and TP3 at 0.1300, aligning with gradual gains as the price potentially moves up.
A stop-loss (SL) at 0.1130 is advisable, just below support, to manage downside risk.
This trading approach captures the upward momentum with structured targets while maintaining risk control for potential reversals.
