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Stellar (XLM) is forming a falling wedge pattern, which could lead to a 30% breakout to $0.445. However, bearish indicators dominate, and key resistance is at $0.3400.

Key Levels to Watch:

- Resistance: $0.3400 (upper boundary of the descending channel)

- Support: $0.3047 (immediate support) and $0.2602 (next major support level)

Technical indicators suggest bearish pressure, with the Death Cross and Directional Movement Index (DMI) indicating a lack of buying momentum. However, rising Open Interest and increasing trading volume hint at heightened volatility.

Market Sentiment:

- Bearish Sentiment: Dominates the derivatives market, with short liquidations outpacing long liquidations.
- Funding Rates: Negative, indicating traders are paying to maintain short positions.

XLM's price prediction for 2025-2026 suggests a potential increase to $0.42 by March 2025, with a possible return on investment of 33.22%. However, the current bearish sentiment and technical indicators suggest caution.