🚀 XLM Price Update: Trend Reversal in Sight? 🚀

Stellar (XLM) is showing promising signs of a trend reversal, bouncing off the support zone around $0.07. 📉 It’s now retesting the descending resistance, which could lead to a potential breakout! 🧐

The 50-day moving average is currently acting as a dynamic resistance barrier đŸ”», but if XLM manages to break through, it could set its sights on the $0.40 resistance zone as the main target! 🎯

📊 Key Insights:

Bounce from $0.07 support zone đŸ’„

Testing descending resistance 🔍

50-day moving average as dynamic resistance đŸš«

Potential target at $0.40 📈

Get ready for a possible breakout and keep an eye on XLM’s next move! đŸŒ•đŸ”„

$XLM

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