$XLM
$XLM has been respecting the same diagonal resistance for almost a decade 2018 → rejection 2021 → rejection Now price is approaching that trendline for the third time Most traders are focused on the current rally I’m focused on the level that has capped every major cycle The chart is simple: Target 1 → the 2018 touch Target 2 → the 2021 touch Target 3 → the next test of the long-term trendline Three market cycles One resistance And every cycle has produced a higher high into that line That’s what makes this setup interesting $XLM spent years building a base near the lows while most participants lost interest Now momentum is returning and price is once again moving toward the level that has defined its entire history The real test isn’t today’s price The real test is whether Stellar can finally break the trendline that has rejected every major bull run since launch If it does, the market structure changes completely And assets that spend years compressing beneath the same resistance rarely stay there for long once it breaks
