đź’Ž Paradisers, gear up for potential opportunities with XLMUSDT! The asset is showcasing intriguing dynamics, with a recent resistance level transitioning into a support, hinting at a heightened likelihood of a bullish trajectory.
đź’Ž In our past observations, XLM broke free from a descending trendline, initiating an upward trend. It faced a rejection at the resistance level of 0.1201 on its first attempt but managed to breach it on the second try, turning this resistance into its current support.
đź’Ž The VRVP highlights significant volume at this support level, suggesting a strong possibility of an upward push from here to challenge higher resistances.
đź’Ž However, if the STELLAR struggles to maintain its current momentum, it might seek bullish support from the demand zone. A breach below this demand zone could signal a bearish downturn. Stay alert and strategize accordingly!