Overview
- Analyst Ali Martinez highlighted the fresh weekly TD Sequential buy setup on XLM’s chart.
- A comparable signal at roughly these levels earlier this year preceded a rally of about 95% following a period of consolidation.
- Price action has pulled back from the summer peak into a defined weekly demand zone where the indicator has reappeared.
- Intraday trading showed a sharp spike with heavy volume, a pullback, and subsequent stabilization back inside the identified support area.
- Analysts caution that the setup requires buyer defense of the zone and supportive broader market conditions before any sustained upside can be confirmed.