$XLM has locked into a horizontal trading range on the 1-hour chart after stabilizing from its previous downtrend, building a clear accumulation base.
A firm local demand zone has established itself around the $0.1730 - $0.1750 region for #XLM, serving as the primary support floor to catch any incoming short-term pullbacks.
The technical roadmap highlights a minor corrective downswing to retest this lower support shelf before triggering a strong secondary expansion wave back up toward the $0.1950 - $0.1970 resistance block.
Chasing positions right in the middle of this local compression range offers an unrewarding risk profile, making a patient wait for a structured retest near the demand floor the smartest play.
#XLM