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Stellar (XLM) Soars 43.44% in 8 Days: Next Targets Revealed

Stellar (XLM) surges past $0.097 and $0.103 resistances, targeting $0.162 and $0.197, with potential short-term volatility.

Key Statistics:

- 43.44% gain in 8 days.
- 57.22% rally from November 4-12.
- 7.84% retracement from recent high.
- Still 85% down from all-time high ($0.875).

Technical Analysis:

- Range breakout above $0.1-$0.103.
- Bullish Supertrend indicator.
- Golden cross imminent (100/200-period MA).
- Support zones: $0.107, $0.115.

Next Targets:

- $0.162.
- $0.197.

Potential Volatility:

- Liquidation levels overhead ($0.1322, $0.123).
- High leverage positions near market price.

Risk Management:

- Monitor Bitcoin's momentum.
- Manage risk with stop-loss orders.


Stellar's impressive breakout and bullish indicators suggest potential for further gains, but traders should be cautious of short-term volatility and manage risk accordingly.

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