$0.22 RESISTANCE CAN $XLM BREAK HIGHER?
Guys, $XLM just pushed from the $0.173 base to $0.190, and the flow behind the move looks strong.
Over 4H, futures net inflows jumped to +$2.41M, while spot also added +$854K.
The 8H picture is even better, with nearly $3M futures inflows and $1.55M spot inflows.
So this isn’t looking like futures alone are driving the move spot buyers are participating too.
But at $0.1922, short-term profit-taking showed up, with 30M futures flows turning -$930K.
Now $XLM is at a key decision zone. If buyers absorb the selling and break **$0.1922**, another leg higher could be coming.
#XLM
Guys, $XLM just pushed from the $0.173 base to $0.190, and the flow behind the move looks strong.
Over 4H, futures net inflows jumped to +$2.41M, while spot also added +$854K.
The 8H picture is even better, with nearly $3M futures inflows and $1.55M spot inflows.
So this isn’t looking like futures alone are driving the move spot buyers are participating too.
But at $0.1922, short-term profit-taking showed up, with 30M futures flows turning -$930K.
Now $XLM is at a key decision zone. If buyers absorb the selling and break **$0.1922**, another leg higher could be coming.
#XLM
