XLM Technical Analysis
Price is moving inside a clear descending channel, printing lower highs and lower lows. The recent candles are testing the lower boundary of this channel around the 0.19 area, which is acting as short-term support.
Momentum is weak: RSI is around the mid-30s, showing bearish pressure but not yet deeply oversold. That suggests sellers are still in control, though a small relief bounce is possible.
Key levels:
Support: ~0.185–0.19 (channel bottom). A clean break below this could open a move toward ~0.17.
Resistance: ~0.21 first, then the upper channel line around ~0.24–0.25.
XLM
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