The $XLM /USDT pair is currently trading at 0.1994, showing a 40.32% gain in the last 24 hours.
Key levels to monitor include the resistance at 0.2050 and the support at 0.1940. For this trade, an optimal entry lies between 0.1960 and 0.1990, providing a low-risk position with upward potential..
If the price moves past the resistance level, the first take-profit target (TP1) is set at 0.2030, followed by TP2 at 0.2050, and TP3 at 0.2080. To manage risk effectively, a stop-loss (SL) should be placed at 0.1920.
Traders should remain vigilant, as breaking resistance may lead to additional bullish momentum, while failure to hold above support could result in a pullback.
