Stellar's Market Movement: Will XLM Break Through?
Stellar ($XLM) is showing a strong rebound, currently trading at $0.42 after bouncing from a low of $0.41. The recent push toward the resistance near $0.43 highlights bullish momentum building up on shorter timeframes. If XLM breaks and sustains above this key resistance, the next target could be $0.45, aligning with its 24-hour high. However, failure to hold this zone might trigger a retracement toward $0.41 or further down to the support at $0.40. Traders should watch for volume confirmation and breakout signals to ride the next profitable wave while maintaining tight stop losses for risk management. XLM is heating up – stay sharp.
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