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🔷️ $XLM is approaching a critical decision zone after a strong rebound from long-term support. The recent breakout attempt pushed price into the descending trend line that has been acting as resistance for months.
A confirmed break and weekly close above the purple trend line could open the door for a move toward higher resistance levels. However, rejection from this area may lead to another retest of the green support zones.
The green lines represent key support levels, while the yellow lines mark the major resistance zones I’m watching closely.
⚠️ Not financial advice.
#Bitcoin #BTC #XLM #Stellar