Stellar’s XLM token demonstrated impressive resilience over the past 24 hours, climbing from $0.36 to a session peak of $0.37 before retracing to end at $0.36. The move represented a 5% intraday range, underscored by heavy trading activity that pointed to heightened market participation. Notably, the asset found solid footing at $0.35 during the September 4 evening session, with buying momentum confirmed by volumes exceeding 16.9 million tokens.
The breakout above $0.36 resistance arrived on surging activity, with volumes spiking to 28.03 million at 07:00 and a staggering 82.75 million at midday on September 5. This influx of demand propelled XLM to its daily high of $0.37, marking a decisive test of bullish strength. However, a sharp reversal in the final trading hour wiped out those gains, as sellers drove the price back to the $0.36 level.
Despite the late-session pullback, XLM closed the period 1% above its opening value, maintaining a broadly bullish technical structure. The mov
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