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Stellar (XLM) Breaks Key Resistance Amid Heavy Volume Surge

Stellar (XLM) experienced a notable increase of 0.97%, reaching $0.279, fueled by a significant surge in trading volume, which was over 60% higher than the weekly average. This uptick in volume indicates strong institutional buying rather than retail-driven speculation. The token confirmed key support at $0.256 and broke through resistance at $0.281, reinforcing its bullish momentum. Short-term targets suggest further gains could push XLM towards $0.285, while downside risks are supported at $0.276, $0.270, and $0.266. The overall market trend exhibited caution, yet Stellar showed resilience, outperforming the broader market by 1.84%.

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