Stellar (XLM) has slipped by 6.4%, trading at $0.40 ๐ despite big wins:
โจ Protocol 23 upgrade completed
โจ $445M tokenization milestone with Franklin Templeton
Technical signals show mixed momentum:
๐น RSI at 46 โ neutral but leaning oversold
๐น Trading below 7 & 20-day SMAs, yet still above 200-day SMA
๐น MACD suggests growing bearish momentum
Key price levels to watch ๐
Support: $0.36 & $0.22 โ ๏ธ
Resistance: $0.47 & $0.52 ๐ผ
Tradersโ approach:
โ๏ธ Conservative โ wait for $0.42 breakout with volume
โ๏ธ Aggressive โ consider entries now but with tight risk management
Stellar sits at a crossroads where strong fundamentals clash with short-term weakness. ๐
Follow for more updates ๐
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