Stellar (XLM) presents a strategic buying opportunity around the $0.30 price point, aiming for a potential rally to $0.37 in the short term. Analysts highlight whale accumulation and bullish indicators like an oversold RSI and EMA convergence as key drivers of this potential surge. 📈 The chart reveals a descending channel pattern on Binance’s XLM/USDT perpetual contract. Price recently dipped to $0.31909, but recent action near $0.30 suggests a possible reversal and a break above $0.37 could propel XLM towards $0.42 by November. 📈 Crypto enthusiasts are buzzing about this opportunity after a detailed chart analysis shared by @ali_charts on TradingView. The analysis shows a descending channel pattern for the Stellar/TetherUS perpetual contract on Binance. 📉 This potential reversal comes as Stellar has been trading within a downward trend since August, with current price near a key support level. 📈 Several analysts are endorsing this $0.30 entry point, citing favorable risk-to-reward ratio. 🤝 On social media, some traders like @QuantumAgeCap and @BunnyyyTradess are buying the dip at $0.30 while others, such as @XION_GLOBAL, emphasize strong whale accumulation and technical indicators including an oversold RSI and EMA convergence, indicating a bullish outlook. 📈 The target of $0.37 aligns with prior resistance levels, with some enthusiasts even eyeing a stretch goal of $0.42 by November. 🚀 Stellar’s real-world utility in cross-border payments continues to drive its value. However, skeptics like @Proofsmith question the 10% projected gain’s feasibility, prompting more research before making financial decisions. 🕵️♂️ Stay tuned for updates as market conditions evolve.