$XLM
/USDT Daily Analysis
XLM is currently trading around $0.1830, showing a short-term recovery after bouncing from the $0.1360–$0.1400 support zone. The recent bullish candles indicate renewed buying interest following a prolonged downtrend from the $0.30 region.
Price has reclaimed the MA(7) at $0.1644 and is now pushing toward the MA(25) near $0.1809. However, the MA(99) around $0.2222 remains a major dynamic resistance, keeping the broader trend structure bearish for now.
Key Levels to Watch:
Support:
$0.170
$0.155
$0.136 (major support zone)
Resistance:
$0.190
$0.200 (psychological level)
$0.222 (MA99 major resistance)
If XLM secures a strong daily close above $0.190–$0.200, momentum could extend toward the $0.220 region. A confirmed breakout above $0.222 would signal a stronger trend reversal.
However, rejection near current resistance may lead to consolidation or a pullback toward $0.170.
At this stage, the move appears to be a relief rally within a broader corrective trend. Confirmation above key resistance levels is required for sustained upside continuation.
Not Financial Advice