#密码资产动态追踪 Can Stellar rebound? The $0.261 level must be broken!
After months of box-range consolidation, XLM has finally shown some movement—today's increase approaches 7%, heading straight for the upper boundary of the long-term flag pattern channel. From a technical perspective, the bullish momentum is gradually building.
The key resistance level is at $0.261. This position has historically served as a "barrier" for the bulls multiple times, but the probability of a breakout this time is indeed increasing. Once a valid breakout occurs, the short-term pattern could quickly reverse, breaking free from the long-term consolidation.
How is the market sentiment? The long-to-short ratio has reached 2.77:1, meaning bullish forces are nearly three times the bearish ones, and traders are generally optimistic about the future. Additionally, liquidity is concentrated above $0.268, providing relatively strong momentum for a breakout. Of course, if this level faces resistance again, leverage adjustments could trigger short-term volatility.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
23 Likes
Reward
23
6
Repost
Share
Comment
0/400
fren_with_benefits
· 01-09 19:13
0.261 can't be broken, gotta keep waiting... This coin really tortures people
View OriginalReply0
SellTheBounce
· 01-09 04:30
0.261 is also a critical level? I just smile. I've seen this critical level too many times. Every time I say this time is different, but in the end, I sell after the rebound. Long to short ratio 2.77:1? Then you should be even more cautious. When popularity is at its peak, it's often closest to the bag holder.
View OriginalReply0
AirdropHunter420
· 01-07 09:21
Is XLM really going to take off this time? I see that the 0.261 level has been broken through many times in history... The long-short ratio of 2.77:1 feels a bit risky, and it seems retail investors are all chasing the high.
View OriginalReply0
BlockchainTherapist
· 01-07 09:20
0.261 This hurdle comes again, so annoying, just worried about being hammered repeatedly.
#密码资产动态追踪 Can Stellar rebound? The $0.261 level must be broken!
After months of box-range consolidation, XLM has finally shown some movement—today's increase approaches 7%, heading straight for the upper boundary of the long-term flag pattern channel. From a technical perspective, the bullish momentum is gradually building.
The key resistance level is at $0.261. This position has historically served as a "barrier" for the bulls multiple times, but the probability of a breakout this time is indeed increasing. Once a valid breakout occurs, the short-term pattern could quickly reverse, breaking free from the long-term consolidation.
How is the market sentiment? The long-to-short ratio has reached 2.77:1, meaning bullish forces are nearly three times the bearish ones, and traders are generally optimistic about the future. Additionally, liquidity is concentrated above $0.268, providing relatively strong momentum for a breakout. Of course, if this level faces resistance again, leverage adjustments could trigger short-term volatility.