Stellar XLM don rise 110% to $0.515, dey eye pullback go $0.364
Stellar (XLM) don jump pass 110% inside one week, e climb reach six months high of $0.515 with heavy trading volume. Technical indicators dey show say e don tire: bearish divergence dey for 4-hour chart and Bollinger band wey don too stretch. Even tho Bitcoin and Ethereum rally still dey push weekly bullish trend, XLM fit drop small. Fibonacci retracement levels wey dey between $0.216 and $0.516 show key demand zone for 50% level wey be $0.364. Accumulation/Distribution and Chaikin Money Flow confirm say money dey enter, meanwhile liquidation heatmaps show plenty long-liquidation clusters near $0.445–$0.395 and overhead liquidity above $0.51. Traders suppose dey watch volume trends well and wait make e drop reach $0.364 before dem start new long positions, plus dem suppose manage risk tight tight for dis volatile stage.
Bearish
The sharp 110% rally wey happen for Stellar XLM, wey heavy volumes push am, don reach technical resistance and show say bearish divergence dey for smaller time frames. For short term, dis one mean say traders fit start take profit and price fit pull back go 50% Fibonacci retracement wey dey $0.364. Make traders dey careful to enter new longs till price test dis demand zone. For medium to long term, di underlying bullish trend still dey strong—Bitcoin and Ethereum still dey support am—but consolidation close to $0.364 e necessary if we wan keep the upward move. So, even though di wider market bias still positive, the immediate price effect for XLM na bearish.