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#Stellar $XLM at a Crossroads: Key Levels to Watch

Stellar (XLM) saw a 10% drop in 24 hours, despite a weekly 94% surge, signaling fading bullish momentum as selling pressure rises.

Key Levels:

*/ Support: $0.099, a critical defense line.

*/ Resistance: $0.638, with potential for $0.70 if buying pressure returns.

Indicators:

*/ RSI: Fell to 48.31 from overbought levels, indicating neutral momentum but weaker bullish strength.

*/ Ichimoku Cloud: Bearish signals as XLM trades below key lines (Kijun-Sen & Tenkan-Sen), with thinning support.

*/ EMA Trend: While still bullish, narrowing gaps between short- and long-term EMAs reflect slowing upward momentum.

Scenarios:

*/ Bearish: Further declines to $0.099 (76% correction).

*/ Bullish: Recovery above $0.638 could push XLM to $0.70, a potential 62% upside.

XLM's price action hinges on whether it stabilizes near support or succumbs to mounting bearish sentiment.

#Altcoin Season#