$XLM is testing the critical $0.55-$0.56 resistance zone, where previous rejections have occurred. A breakout here could lead to a push toward $0.60, with bullish momentum targeting $0.63 and $0.65.
However, rejection at this level may trigger a retracement to $0.50, with further downside possible to $0.48 or $0.45.
Key Levels: • Resistance: $0.56 • Support: $0.50
Tight risk management is essential as the market decides its next move.