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Stellar (XLM) Set for Explosive 186% Surge as Key Support Holds Tight

  • Stellar (XLM) is trading near a key support level between $0.23 and $0.24, potentially setting the stage for a bullish breakout after months of decline.
  • Elevated open interest coupled with low spot volume suggests traders are gearing up for a potential XLM price surge.
  • Historical data shows that past XLM rallies were preceded by similar setups, with strong moves following spikes in derivatives activity.
  • An analyst forecasts a possible 186% surge for XLM, targeting levels above $0.68, indicating significant upside potential if market sentiment improves.

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