$XLM
/USDT ā Bulls Testing Resistance, Breakout Incoming? š
Stellar (XLM) is up +4.42%, currently trading at $0.4136, after bouncing from a 24H low of $0.3855. The price recently tested $0.4211, showing strong momentum but facing short-term resistance.
Key Levels to Watch:
š¹ Resistance: $0.4211 ā A breakout above could push towards $0.4280+
š¹ Support: $0.3984 ā Holding above this level maintains bullish structure
Market Insights:
XLM continues to trend higher, forming a strong uptrend from $0.3628.
A break above $0.4211 could signal further upside towards $0.4280 - $0.4350.
If rejection occurs, $0.3984 - $0.3855 could offer an ideal dip-buying opportunity.
Volume remains strong, indicating growing market confidence and bullish interest.
š” Traders should monitor a potential breakout or look for re-entries near support for the next move.