Thoughts on #XLM
$XLM is currently trading inside a clear horizontal channel, with price testing the lower boundary. If $XLM holds this support zone, we could see a bounce and an upwards move toward the upper boundary of the channel.
For now, the lower boundary is the key level to watch. Hold it, and the bullish setup remains valid for $XLM ; lose it, and the setup weakens.
$XLM is currently trading inside a clear horizontal channel, with price testing the lower boundary. If $XLM holds this support zone, we could see a bounce and an upwards move toward the upper boundary of the channel.
For now, the lower boundary is the key level to watch. Hold it, and the bullish setup remains valid for $XLM ; lose it, and the setup weakens.
