Long Positions for Stellar are Looking Unsafe before a Correction
Stellar (XLM) performer a strong upside by 18.22% on July 19. The positive sentiment continues to direct investors amid still strong demand for the coin. The XLMUSD is moving inside a global upward trend. But, placing a long trade would be very risky at the moment. I would be better to wait for 10% correction to consider opening long positions at 0.1535-0.1570 with a target at 0.1930. Stop-loss could be placed at 0.1430.
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