Stellar Shows Sideways Movement with Support Holding Above the $0.142 Level: What’s Next?
The post Stellar Shows Sideways Movement with Support Holding Above the $0.142 Level: What’s Next? appeared on BitcoinEthereumNews.com.
Key Insights: Stellar trades at $0.149 while holding firm above the critical $0.142 support level. Open interest declined to $92 million from a July 2025 peak near $500 million. Price remains range-bound since February 6 without confirmed five-wave bullish breakout structure. Stellar Shows Sideways Movement with Support Holding Above the $0.142 Level: What’s Next? Stellar (XLM) continues to trade in a tight range as price action remains muted. The token holds above the $0.142 support level despite weak upside momentum. Traders now watch for signs of a confirmed breakout or further downside pressure. As of press time, the token trades at $0.149233 with a 24-hour volume of $102 million. The token has declined 4.60% over the past day. Price remains within the support band between $0.142 and $0.152. Stellar Holds Key Support as Weak Momentum Increases Market data shows that since February 6, Stellar price has moved sideways. More Crypto Online stated that there is no confirmed bullish structure at this stage, noting that a full five-wave advance is required for upside confirmation. As long as the price stays above $0.142, a base formation remains possible. A prolonged drop below this level could expose the $0.122 mark, and further declines may lead to structural support around $0.103. Technical observations show limited buying strength in recent sessions as the absence of impulsive movement keeps the structure fragile. The broader trend has not changed despite short-term stabilization. Price has not formed a clear higher high pattern as the traders continue to monitor whether bulls can defend the micro support zone. A confirmed five-wave advance would signal stronger recovery potential. Market participants remain cautious as volatility stays contained. Open Interest Drops After July Peak Meanwhile, open interest data shows a sharp contrast from last year’s rally. During the July 2025 price spike, open…
Filed under: News - @ February 24, 2026 3:23 pm