Recently, I've seen quite a few discussions about Stellar, suggesting that XLM might break out of the triangle pattern and surge to $0.37. I’ve also noticed this signal and couldn’t help but want to share my thoughts with everyone.

Currently, XLM's chart looks interesting. The current price is $0.226618, and the bullish sentiment is still decent. The RSI is at 54.0, indicating that the market is accumulating energy. Stellar’s solid technical foundation and ecosystem development have always been robust, and this positive news feels like a shot in the arm for the market.

From a technical perspective, the support zone is around $0.217600, with resistance at $0.235700. The real key level is at $0.232300—breaking through here would open up more room for movement. If this triangle breakout can be successfully completed, reaching $0.37 is not out of the question.

Here’s my own approach: I plan to gradually enter positions when the price breaks through $0.232300, with each position limited to 20% of my total funds. I’ll set a stop-loss at $0.220000 to defend against support breakdown risks. As for the target, $0.37 is a reference point, but I prefer to take profits in stages—selling part of my holdings whenever there’s a clear wave of movement. This way, I can participate in the upside while avoiding greed-driven losses from retracements. I still believe in XLM’s long-term potential, but short-term trading requires caution.

What do you all think about this level? Feel free to share your ideas!