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Stellar (XLM) Breaks Out: Volume, Open Interest Back Move Toward $0.35

  • Stellar's XLM token breaks out of a long-established downtrend, with the price surpassing the $0.27 level, now acting as strong support.
  • XLM forms a bullish cup-and-handle pattern on the 4-hour chart, supported by crossing key SMAs, targeting $0.35 as the next resistance level.
  • Derivatives market activity strengthens the rally, with open interest reaching $253.45 million and trade volume peaking at $927.62 million.
  • Positive sentiment, technical breakout, and increased market activity suggest XLM could retest price levels not seen since early 2025.

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