- Stellar Lumens’ pullback was headed to key support levels at $0.3 and $0.36
- An upside liquidity sweep could influence a likely price rebound toward $0.50.
Stellar Lumens [XLM] pumped 45% in early January but erased some gains. The recent market sell-off could offer swing traders and investors another buying opportunity.
After soaring from $0.30 to nearly 50 cents, XLM’s ongoing pullback was headed toward key levels that could interest bulls again.
Stellar Lumens price prediction
Source: XLM/USDT, TradingView
First, the New Year’s upswing flipped the daily chart market structure bullish. This could be shifted if the retracement extended below the recent low at $0.32.
Until that bearish market structure shift happens, the current outlook was primed for bulls.
The recent pullback was about 18% and closed in on key levels of $0.36, and the December support stopped the holiday sell-off at $0.30.
The two levels could be market re-entry for bulls targeting overhead supply below $0.50 (red zone). A bullish idea would be invalidated if XLM extended its decline to below $0.30.
Source: XLM/USDT, TradingView
The $0.30 support was further reinforced by the weekly charts, which marked the cyan area as a breaker block that could trigger a price rebound if defended.
Upside liquidity could attract XLM price
From a liquidity sweep perspective, there were two upside liquidity levels worth tracking. The first was between $0.43 and $0.45, and the second was at $0.48.
In most cases, these high liquidity zones always act as magnets for price action.
If so, they could be the next key upside targets to be tapped by a likely XLM rebound. Interestingly, the upper liquidity zone aligned with the supply zone below $0.50 on the price charts.
In short, one could book partial profit at the first target and liquidate the rest when the price taps the $0.48-$0.50 target.
Source: Coinglass
Read Stellar Lumens [XLM] Price Prediction 2025-2026
In conclusion, XLM’s market structure and liquidation heatmap suggested a great buying opportunity if the pullback extended to $0.30.
However, a sustained sell-off below $0.30 would embolden sellers and invalidate the bullish thesis.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
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