$XLM /USDT – Bullish Momentum Accelerates
Stellar (XLM) has surged +15.13% in the past 24 hours, now trading at $0.4627 and holding above its MA(7) at $0.4603. Price action has been explosive, rallying from a $0.3998 low to test $0.4689, underscoring strong buying interest. Key moving averages — MA(25) at $0.4287 and MA(99) at $0.4091 — are stacked bullishly, confirming a strong uptrend.
Key Levels:
Resistance: $0.4726 — breakout could target $0.49–$0.50
Support: $0.45 — sustained bids above this level keep bulls in control
Volume & Liquidity:
Trading activity remains robust with 222.81M XLM exchanged and $98.14M in USDT volume, ensuring high liquidity. Current volume (5.08M) is below both the 5-day MA (9.68M) and 10-day MA (15.34M), often signaling accumulation before the next leg up.
Trade Setup:
Entry Zone: $0.456–$0.462
Stop-Loss: Below $0.440
Momentum Play: Target breakout above $0.4726
Swing Play: Hold as long as price stays above $0.45
With technical structure, sentiment, and liquidity aligned, XLM appears primed for another bullish wave toward the $0.50 psychological level.
