Reverse XLM’s eyes at a mark of $ 0.19 with support for the upcoming demand block star-news.press/wp

Luments Stellar is close to the region’s highly probably probability of $ 0.19. Strong defense of this support can pave the way for a double bottom and collect towards the main resistance levels.

The star (XLM) was in a corrective stage, but price procedures are now approaching an area of ​​technical importance, a bullish arrangement block that corresponds to the support of a low time frame and a high time rate at $ 0.19. This area carries the ability to work as a structural axis, especially if the bulls can defend the level and pay a higher price from here.

Main technical points

• The upcoming request block at $ 0.19: Alignment with Swing Low and HTF Support.
• Possible double bottom formation: The structure may form if the price exceeds its lowest level.
• Low audio profile: Current conditions of low size indicate the risk of the negative side until the buyer’s flow appears.

The level of $ 0.19 is more than just a line of support, as it is a technically crowded Blocks that correspond to a decrease in the foundation. If the price continues here, it will complete a dual -bottom formation, which is often a strong signal to reverse the direction. This style will also allow the formation of a low lower lure structure.

However, the price procedure must remain higher than the previous fluctuation until this structure remains valid. A break without support of $ 0.19 would nullify the dual lower setting and may lead to a continuation of the lowest new local levels.

One of the most important measures that must be monitored at this stage is the sound profile. Currently, the size is much lower than the average, indicating a lack of active purchase pressure. Without flowing in size, a successful reflection may decrease, and the current support may not be.

However, if the volume begins to rise near the $ 0.19 region, it may indicate the accumulation of the largest participants. This would increase the possibility of a reflux from this region, with the possibility that the price will target $ 0.30 and $ 0.35 as the next main resistance levels.

These levels put previous supply areas and resist the high time frame, and the following natural stations will be if confirmed.

What can be expected in the next basic procedure

If XLM is defending a $ 0.19 area with size support, a possible reflection targeting $ 0.30 and $ 0.35. Failure to retain this area can nullify the dual lower preparation and lead to its lowest level. Watch closely to high size and structural confirmation of support.