XLM's 11% rally this time looks pretty solid, derivatives data is all improving, and the $0.2 support seems quite stable.

XLM2.82%
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CoinNetwork
Stellar: XLM rises over 11%, market sentiment shifts to bullish
CoinWorld reports that XLM attracted buy orders again on Tuesday, rising more than 11% and nearing the resistance level. It was boosted by improved derivatives and on-chain indicators, rising open interest, increased trading volume, and a bull-favored funding rate. Open interest rose to $261 million, with a funding rate of 0.0061%, strengthening long sentiment. The current price is about $0.227; the 61.8% Fibonacci retracement is at $0.200, and the 200-day EMA is at $0.199. If the price continues to rise, $0.237 will face resistance; if it pulls back, $0.200 is a key support.
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