🚀
$XLM pressing against descending resistance after base formation.
The recent bounce from local demand suggests buyers are testing supply again, with pressure gradually building toward a breakout attempt.
📉 Technical View:
• Pattern: Descending resistance with short-term accumulation base
• Bias: Bullish breakout scenario while higher lows persist
• Key Level: Support near $0.158 and resistance zone near $0.170
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⚠ A drop back below the recent higher low would invalidate the breakout setup and reintroduce downside pressure.
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