Perfect sweep of the lows around the lower range boundary for $XLM!
Now bulls need to step in, defend this level and push price back above the range boundary. We don't want to lose it.
Are they attempting to do exactly that? HELL YEAH! 🔥
Here's the broader view about it:
Long positions and funding rates are moving in near-perfect sync, while Open Interest is beginning to stabilize. Volume is coming.
The accumulation signals remain active, with strong accumulation continuing throughout this range. The accumulation score is still at 100.
MACD is showing bullish momentum, although the EMA trend remains bearish. We need that confirmation to turn around as well.
My short-term target for $XLM remains $4.50.
But remember, $1.20 is the gatepass. Reclaim that level, and the road ahead gets much more interesting.
This is where we the BULLS need to see some conviction!
NO RETREAT, NO SURRENDER🚀
#XLMUSDT #BinanceWithdrawalScamWarning #USMidtermElections #AppleEarningsAhead-CanStockHitNewHigh
Now bulls need to step in, defend this level and push price back above the range boundary. We don't want to lose it.
Are they attempting to do exactly that? HELL YEAH! 🔥
Here's the broader view about it:
Long positions and funding rates are moving in near-perfect sync, while Open Interest is beginning to stabilize. Volume is coming.
The accumulation signals remain active, with strong accumulation continuing throughout this range. The accumulation score is still at 100.
MACD is showing bullish momentum, although the EMA trend remains bearish. We need that confirmation to turn around as well.
My short-term target for $XLM remains $4.50.
But remember, $1.20 is the gatepass. Reclaim that level, and the road ahead gets much more interesting.
This is where we the BULLS need to see some conviction!
NO RETREAT, NO SURRENDER🚀
#XLMUSDT #BinanceWithdrawalScamWarning #USMidtermElections #AppleEarningsAhead-CanStockHitNewHigh
