$0.190–0.198 Resistance
For the price to recover, it needs to return above this zone. The next target if the rally strengthens is $0.205–0.212.
$0.180–0.184 Current zone
The coin is trying to stop its decline, but a reversal has not yet been confirmed.
$0.177–0.173 Support
If sellers increase the pressure, the price may retest the recent low near $0.17225. Upside: $XLM holds $0.180–0.184 and breaks above $0.190. A rebound toward $0.197–0.205 may then be possible.
Sideways movement: the price fluctuates between $0.177 and $0.190.
Decline: if support at $0.177–0.173 fails to hold, the drop may continue below $0.172. My take: while the daily trend is downward, I wouldn’t rush to open a long position. For a more confident entry, I’d like to see the price hold above $0.190. A short position is also risky without confirmation of a support break.
For the price to recover, it needs to return above this zone. The next target if the rally strengthens is $0.205–0.212.
$0.180–0.184 Current zone
The coin is trying to stop its decline, but a reversal has not yet been confirmed.
$0.177–0.173 Support
If sellers increase the pressure, the price may retest the recent low near $0.17225. Upside: $XLM holds $0.180–0.184 and breaks above $0.190. A rebound toward $0.197–0.205 may then be possible.
Sideways movement: the price fluctuates between $0.177 and $0.190.
Decline: if support at $0.177–0.173 fails to hold, the drop may continue below $0.172. My take: while the daily trend is downward, I wouldn’t rush to open a long position. For a more confident entry, I’d like to see the price hold above $0.190. A short position is also risky without confirmation of a support break.