Stellar Price Outlook: XLM Builds Momentum Toward $0.61 Resistance

Stellar's XLM is gathering steam—and traders are watching the $0.61 level like hawks.

Momentum Builds for a Breakout

The charts are telling a story of building pressure. XLM has been consolidating, forming a base that could springboard it toward that critical $0.61 resistance. It's a classic setup: the longer it coils, the sharper the potential move. Every test of support adds fuel, and the market's patience is wearing thin—in a good way.

The $0.61 Line in the Sand

That number isn't arbitrary. In crypto, psychological price points act as magnets—or brick walls. A clean break above $0.61 would signal a shift in control from sellers to buyers, potentially opening the door to the next leg up. Until then, it's the barrier every bull wants to see crumble. It's where hope meets the order book.

What Comes Next?

Watch the volume. A push toward $0.61 on weak turnover is just noise—a head fake. But a surge with heavy buying behind it? That's conviction. It would cut through doubt and bypass the usual skepticism, turning resistance into a memory. The path is clear, but it requires capital, not just sentiment. After all, in traditional finance, they'd still be writing memos about whether digital assets are 'real'—meanwhile, the market's building its next move.

Stellar isn't asking for permission. It's building a case, one candlestick at a time. The target is set. Now we see if the momentum has the muscle to hit it.

Stellar Holds Long-Term Support as Reversal Takes Shape

Additionally, another analyst, ROSE Premium Signals, mentioned that XLM is trading within a long-term support area. The price action displays a bullish reversal process following a long period of decline. The break above the descending trendline strengthened the view.

Analysts noted upside price targets based on the present technical structure. Initially, the first point of resistance is established at around $0.4567, even though as the bullish momentum intensifies, the next major resistance area will be around $0.6175. These areas are significant levels of supply where the price response is likely to occur.

On the negative side, risk management levels are well defined. To limit exposure, analysts capped the stop loss at $0.1900. A prolonged action below this range would nullify the bullish formation and revert the perspective to bearish.

Open Interest Declines Despite Higher Trading Volume

According to CoinGlass data, the trading volume increased by 26.66% to $183.85 million, which indicates that the derivatives market is becoming more active. Open Interest fell by 4.49% to $114.77 million and indicates that some traders decreased leverage as the price fell.

The OI-weighted funding rate was 0.0085%, and the sentiment of the futures traders was mildly bullish. With the price under pressure in the short term, increased participation and better technical structure keep Stellar in focus.