📊 $XLM / USDT Market Analysis
🔹 Price: $0.3832
🔹 24H Change: -5.66% 🔻
🔹 24H High: $0.4064
🔹 24H Low: $0.3785
🔹 24H Volume (XLM): 139.66M
🔹 24H Volume (USDT): 54.77M
🕒 15-Minute Chart Insights
Stellar ( $XLM ) experienced a notable decline, down by 5.66% over the last 24 hours.The price is trading slightly above its 24-hour low of $0.3785, signaling potential bearish sentiment.Key moving averages:MA7: $0.3836MA25: $0.3835MA99: $0.3909
🛠 Key Levels to Monitor
Support: $0.3785 (recent low) – this level needs to hold to avoid further declines.Resistance: $0.3935 (recent peak). A breakout above this could indicate a recovery.
💡 Trading Strategy Insights
Bearish Scenario: If the price breaks below $0.3785, it could signal additional downside momentum, targeting lower support levels.Bullish Scenario: Reclaiming the $0.3900-$0.3935 zone is critical for a potential reversal and upward trend.
📌 Can XLM recover its losses and break resistance, or will bearish pressure push it further down? Share your thoughts in the comments!