Stellar (XLM) price has been showing signs of a potential breakout, pushing past the key support level around $0.285 and challenging the resistance at $0.335 within its descending channel. While the recent price bounce offers short-term gains, analysts remain cautious due to existing bearish momentum indicated by both RSI below 50 and a bearish MACD crossover. However, volume patterns suggest growing buying pressure that could propel XLM beyond $0.385. A clear breakout above this level would confirm a trend shift towards further upside. While the current price remains far from its all-time high of $0.93 seen in 2018, recent trading activity has indicated renewed interest with daily volume exceeding $165 million and market cap nearing $10 billion. Chart analysis by Ali Martinez shows a possible breakout scenario with XLM breaking above the midline resistance and retesting as support. If this happens, the next move could propel prices towards the upper channel boundary at $0.385. While short-term momentum is evident in the 24-hour price chart, a sustained trend reversal requires the price to close above the crucial levels of $0.34-$0.35 with both MACD and RSI turning upward. This signals an increased likelihood of further gains. However, failure to break out may keep prices confined within the channel for now. Key levels to track include support at $0.285 and resistance at $0.335. A decisive move above these levels would signal a significant shift in sentiment towards further upside.