A four-hour chart puts a $0.23 recovery target in view for Stellar Lumens (XLM), though a confirmed break above descending resistance and recent highs is needed to strengthen the case.
The October view shows XLM inside a narrowing range bounded by two lines sloping downward. The breakout has not been confirmed.
A separate resistance level appears at $0.236, above the proposed target. A fall beneath the lower trend line would undercut the recovery case.
$0.176 is marked as support, with the next resistance zone spanning $0.178 to $0.179 on the four-hour view.
