XLM just broke out of its downtrend after months of being stuck in a falling channel.
The breakout came with a strong 12% pump, and price is now holding above both the trendline and the 40MA, a solid bullish sign.
If this move holds, we could see XLM push toward the $0.4540 zone (that’s nearly 80% up).
A quick retest around $0.2646 might be the next best entry.