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Stellar (XLM) has rebounded strongly from the $0.15–$0.16 demand zone, with rising volume and buyer absorption signaling improving short-term momentum.
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However, the $0.23–$0.26 supply zone remains the key barrier, and a breakout above it will be crucial to confirm a broader trend reversal toward $0.30.
Stellar price has staged a notable rebound over the past 24 hours, climbing nearly 8% to reclaim the $0.20 mark as trading volume surged close to 100%. The recovery comes after XLM defended a key demand zone near $0.17 and bounced from the lower boundary of its descending channel, signaling renewed bullish interest. However, despite the short-term strength, XLM continues to trade below a major supply zone near $0.23–$0.26, keeping the broader bearish structure intact for now.
XLM Price Analysis: Buyers Step In, but Sellers Still Hold the Edge
Stellar’s latest rebound looks like a reaction from a strong demand zone around $0.15–$0.16, where buyers stepped in aggressively. The Demand CVD at 74.48M shows heavy accumulation at these lower levels, which helped the XLM price bounce and reclaim the $0.185 support zone. This suggests bulls are still defending key levels despite the broader weakness.
That said, the upside isn’t clear yet. The Stellar price is now moving into an important supply zone between $0.23 and $0.26, where seller activity remains strong. The immediate supply block carries a CVD of 12.245M, which means bulls could face strong resistance if the price continues higher.
The volume profile also shows that most of the recent trading activity has been concentrated between $0.20 and $0.22, making this the most important zone to watch right now. If XLM manages to hold above this area, it could build enough momentum for a move toward the upper supply zone. But if sellers reject it here, the token may remain stuck in its broader downtrend.
Momentum indicators are slowly turning positive as well. The RSI has climbed above 53, showing improving strength, while the MACD is close to a bullish crossover, hinting that bearish pressure is easing. Even so, a stronger breakout with volume confirmation is still needed to shift the bigger trend in favor of the bulls.
Key Levels to Watch
- Immediate Support: $0.185: A crucial short-term level. Holding above this keeps the current rebound structure intact.
- Major Demand Zone: $0.15 – $0.16: Strong buyer absorption was seen here, backed by a 74.48M Demand CVD, making it the strongest downside cushion.
- Value Area / Volume Profile Zone: $0.20 – $0.22: This is where the most recent trading activity has taken place. Price acceptance above this range could strengthen bullish momentum.
- Immediate Supply Zone: $0.23 – $0.24: The first major resistance, with 12.245M Supply CVD, where sellers are likely to defend aggressively.
- Major Supply Zone: $0.23 – $0.26: A broader resistance block that needs to be broken for trend reversal confirmation.
- Upside Target: $0.30. If bulls clear the supply zones, this becomes the next major liquidity target.
- Bearish Invalidation: Below $0.15: A breakdown under this demand zone could weaken the bullish recovery and expose lower levels.
Will Stellar (XLM) Price Sustain Its Recovery?
Stellar (XLM) price has shown strong short-term recovery after defending a major demand zone and reclaiming key support levels, but the bigger trend has yet to shift in favor of the bulls. The recent surge in volume, improving RSI, and the rising demand for CVD suggest buyers are gaining strength. However, the real test lies ahead as XLM approaches the heavy supply zone between $0.23 and $0.26.
A breakout above this range could confirm a broader trend reversal and set the stage for a move toward $0.30. Until then, Stellar price remains in a cautious recovery phase, with traders closely watching whether bulls can absorb the overhead selling pressure and build momentum for the next leg higher.
