XLM 6H – Trendline Bounce Spikes, Now Retesting SupportStellar / TetherUSBINANCE:XLMUSDTBKVIPXLM on the 6H timeframe is currently trading around 0.2244 after a powerful bounce off the rising trendline from the May lows that launched price from 0.1800 all the way to a spike high near 0.2300+ before a sharp pullback brought it back to current levels. Price is now retesting the 0.2200–0.2244 horizontal zone that had been a consistent resistance level throughout May and early June and has now been cleared for the first time, making this the key level to hold as new support. The rising trendline has been the macro floor since late May and continues to climb toward 0.1900, providing dynamic support well below. Key Levels To Watch 0.2300+ → Spike high, key resistance above 0.2244 → Current price, breakout retest zone 0.2200 → Horizontal support, key level to hold 0.2100–0.2150 → Prior resistance zone, now support below 0.1900–0.1950 → Rising trendline support (dynamic, climbing) Below 0.1430 → Full structure breakdown The breakout above 0.2200 was the key structural event following the trendline bounce. Price cleared this level and pushed to 0.2300+ before the current pullback is now retesting the breakout zone. A hold above 0.2200 on this retest would confirm the breakout as legitimate and set up a continuation toward 0.2300 and beyond. A break back below 0.2200 and loss of the breakout zone shifts focus back toward 0.2100–0.2150 and eventually the rising trendline near 0.1900–0.1950. This is a breakout retest setup. Hold 0.2200 → breakout confirmed, eyes on 0.2300+. Lose 0.2200 → retest fails, back toward 0.2100–0.1950. Structure bullish above rising trendline. Bias shifts only on confirmed trendline breakdown.