$XLM Layer 1/Layer 2 Building Momentum Towards Resistance! 🚀

On the 4h timeframe, $XLM currently at $0.2896, up by a modest +2%! The 24h high is $0.2975, with a volume of 72M XLM and 21M USDT. The RSI is climbing steadily at 67, indicating increasing buying pressure.

✅ Key Observation:

#XLM is showing consistent upward momentum along the established trendline, building towards the 24h high resistance.

next Next Potential targets:

🎯 $0.2975 (24h high - immediate resistance)

🎯 $0.3000 (key psychological resistance level)

🎯 $0.3100 (potential further resistance if momentum continues)

🛡️Important Support Level (to watch for potential pullback):

🛡️ $0.2850 (potential near-term support zone along the trendline)

🛑 Stop Loss: Consider a stop loss around $0.2820 to manage risk.

📈 **Potential Price Path in the Next Days:**

#XLM is steadily gaining upward momentum within the Layer 1/Layer 2 sector, respecting the ascending trendline on the 4-hour chart. A successful break above the $0.2975 (24h high) with increasing volume could pave the way for a move towards the $0.3000 psychological resistance. Continued bullish pressure might then target the $0.3100 level in the coming days. However, if the resistance holds, we could see a temporary pullback to test the $0.2850 support along the trendline. The overall outlook remains cautiously bullish as long as #XLM holds above this trendline.

Buy and trade here on $XLM