$XLM
– Strong rebound from the declines! Bulls are advancing
Swift recovery after liquidity draw
Bullish candle engulfs the sell zone
$XLM has rebounded sharply after a deep liquidity draw at $0.4402, reclaiming key levels with a strong push. The current bullish engulfing candle indicates a potential reversal as buyers defend the structure and push towards the $0.46–$0.47 resistance area. A clean move above $0.4683 could initiate the next phase.
Long: $0.4545
TP1: $0.4620
TP2: $0.4700
SL: $0.4440
Bulls are regaining control – the uptrend is likely to continue if the momentum holds.
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