Stellar Stalls at $0.19, Traders Wait for Breakout Trigger

XLM is trading at $0.19 as it cools below $0.20, and momentum indicators are flatlining.

This lack of energy has traders waiting for a trigger to push through the resistance at $0.20.

The broader Layer-1 landscape is showing tentative recovery and compressed ranges, with markets waiting on macro and regulatory cues before committing capital.

Smart money is leaning long, but open interest dropped 3.95% over the past 24 hours, hitting approximately $42.1 million notional.

This indicates that some of those positioned bulls are losing patience and booking out of trades.