Stellar’s XLM experienced a nearly 4% increase within 24 hours, driven by robust trading volumes and significant institutional interest. The asset traded between $0.38 and $0.40, with volumes exceeding average levels, indicating a strong bullish sentiment. A late-session breakout saw trading volume spike to 7.5 million, marking a substantial increase over the typical hourly volume. The consistent support at the $0.40 resistance level suggests that larger institutional players are accumulating XLM, but they face considerable resistance at this threshold. Trading data reflects a steady buildup of positions rather than short-term speculation, with daily volumes surpassing averages significantly. The ability to maintain higher support levels while probing resistance indicates ongoing bullish momentum for XLM, reinforcing the potential for further gains in the immediate future.

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