$XLM is trading just below a descending trendline, and the price structure is becoming more interesting.
Sellers appear to be losing momentum, while buyers continue stepping in at higher lows. That combination often signals that pressure is building ahead of a larger move.
A clean breakout above the trendline could shift momentum back toward the bulls and open the door for another leg higher.
XLM is approaching a key decision point, so the next few candles could be worth watching as volatility begins to pick up.
#CircleRemovedFromRussellGrowthIndexes
Sellers appear to be losing momentum, while buyers continue stepping in at higher lows. That combination often signals that pressure is building ahead of a larger move.
A clean breakout above the trendline could shift momentum back toward the bulls and open the door for another leg higher.
XLM is approaching a key decision point, so the next few candles could be worth watching as volatility begins to pick up.
#CircleRemovedFromRussellGrowthIndexes