Don't sleep on $XLM, this setup 👀 looks much cleaner than it seems.
STORY TIME 📖
$XLM is currently trading inside a Potential Falling Wedge pattern on the Daily chart.
Before the actual breakout, I won't be surprised if we see a Liquidity Sweep towards the lower trendline to grab the remaining sellers.
This is exactly the kind of setup where patience matters more than chasing the move ✅.
CHARTONOMICS 📊
The ideal accumulation zone lies between $0.1704 - $0.1780.
🎯 TG-1: $0.1994
🎯 TG-2: $0.2219
🛑 Stop Loss: Below $0.1704
If price gives us the expected sweep, I'll be looking to accumulate more instead of panicking.
EXTRAS ‼️
This trade offers a clean 2:1+ Risk/Reward if executed patiently.
The breakout confirmation above the Falling Wedge could also lead to a BoS on the short-term structure, increasing the probability of continuation💹.
Expecting 15% - 30% from this setup if the market respects the structure. 💰
