XLMUSDT remains subdued, oscillating between the $0.4819 support and $0.4881 resistance levels. Despite recent bearish MACD crossovers, the 9 EMA maintains alignment above the 20 EMA, indicating short-term support for upward momentum. The RSI's decline towards neutral territory suggests the possibility of range-bound trading, with $0.468 acting as a pivotal support zone.Long positions could be considered if the price decisively breaks above $0.4881, with targets set at $0.493 or $0.4987. Conversely, traders eyeing short opportunities should watch for a sustained drop below $0.4819, aiming for a retest of $0.468.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.