$XLM's Golden Pocket at $0.2085 Remains Intact

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$XLM's Golden Pocket at $0.2085 Remains IntactStellar / TetherUSBINANCE:XLMUSDTcoinpediamarketsXLMUSDT Analysis (4H Chart) 📈 Stellar has delivered a strong impulsive move from the $0.1387 swing low to the $0.2989 local high, creating a clear bullish trend structure. After the explosive rally, the price has entered a healthy correction phase, retracing back toward a major Fibonacci support area. The key level on this chart is the 0.618 Fibonacci retracement at $0.1999, which aligns closely with the highlighted demand zone between $0.2085 – $0.2012. This area previously acted as a launchpad during the breakout and now represents a critical retest zone. From a market structure perspective, XLM remains bullish on the higher timeframe as long as buyers defend this support region. The recent pullback appears more like profit-taking after an aggressive rally rather than a complete trend reversal. Price is currently printing lower highs and lower lows in the short term, but it has not yet broken the major support cluster. 📍 Key Levels Support Zone: $0.2085 – $0.2012 Fib Support (0.618): $0.1999 Current Price Area: $0.2254 Resistance: $0.2377 Major Resistance: $0.2611 Local High / Liquidity Target: $0.2989 The liquidity story is interesting here. The sharp move into $0.2989 likely swept upside liquidity before triggering a deeper retracement. Now the market appears to be searching for demand. If buyers step in around the support zone, a higher low could form, setting up another push toward $0.26, followed by a retest of the $0.29-$0.30 highs. 🔍 Momentum is cooling but not broken. The correction is becoming more controlled compared to the vertical rally, which is often what traders want to see before a continuation move. Bullish Scenario: Hold above $0.20, reclaim $0.2377, and target $0.2611 → $0.2989. Bearish Scenario: A decisive breakdown below $0.1999 could invalidate the bullish retracement setup and open the door for a deeper move toward lower support levels. Overall, this chart still favors the bulls while the demand zone remains intact. The next few candles around support should reveal whether XLMUSDT is preparing for another leg higher or if a deeper correction is still ahead. 🚀 Are buyers about to defend the 0.618 retracement, or will XLMUSDT lose the $0.20 support and extend the pullback? 👇