Hey everyone! Thrilled to present my first TradingView idea! Check out this XLM/USDT 1-hour chart from MEXC. I’ve identified a key “resting liquidity” zone at 0.4100–0.4200, where I expect a retest soon. The price surged from 0.4000 to 0.5200, hit resistance, and is now consolidating around 0.47388. This green zone was a consolidation area before the breakout, and with high volume at the peak dropping during the pullback, it’s a prime dip zone. If it holds, we could see a move back to 0.5200!
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Disclaimer
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.