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#XLM has been slowly bleeding for weeks, but it’s now sitting right on a major support level that’s been tested multiple times before.
Every time price touched this zone in the past, it triggered a strong bounce and this setup looks no different.
If momentum kicks in, a move of around 40% from here is on the table. The chart shows signs of quiet accumulation, suggesting some buyers might already be positioning early.
#XLM has been quiet for a while, but this could be one of those calm-before-the-move moments. Watching closely for that next leg up.