【Explosive Warning! Altcoins Soar 10% After 8 Months of Silence】Stellar (XLM) Strongly Reverses, Next Target Aiming for $0.39?

After 8 months of stagnation, Stellar (XLM) has finally erupted, breaking through $0.30 with a daily increase of 10.34%, attracting strong attention from the market. The triple resonance of technical patterns, market sentiment, and capital movement has sent buying momentum soaring like a runaway horse!

Inverted Head and Shoulders Breakout Ignites Bullish Sentiment for XLM

XLM has successfully broken through the key “inverted head and shoulders” reversal structure, with analysts predicting a target price aimed at $0.39. The confirmation of the pattern combined with strengthening technical indicators lays the foundation for this surge.

RSI Rises to 66, Indicating Strong Buying Momentum

MACD Has Issued Bullish Signals for Two Consecutive Days

Trading Volume Soars by 214%, with Capital Flooding into the Futures Market

The Derivatives Market is Fully Bullish, with Leverage Positions Surging

Open Interest in Futures Contracts Increased by 24%, Reaching $184 Million; Financing Rates Turn Positive Across the Board, Indicating that Bullish Sentiment is Fully Dominant.

“Buyer Accumulation” Data Also Shows That Large Funds are Actively Positioning Themselves, Awaiting the Next Explosion.

Key Resistance and Potential Pullback

Despite the strong market atmosphere, $0.34 may become a short-term resistance. If profit-taking occurs prematurely, XLM may pull back to $0.281 or even $0.25. However, from the current structure, the upward trend still prevails.

Summary

Stellar's Long-Awaited Eruption Not Only Breaks the Pattern but Also Shifts the Market Sentiment Towards Bullishness, with Capital and Emotion Both at Full Capacity.

Is $0.39 Just the Starting Point? Can XLM Lead the Altcoin Counterattack Again?