• Stellar Lumens’ pullback was headed to key support levels at $0.3 and $0.36
• An upside liquidity sweep could influence a likely price rebound toward $0.50. 

Stellar Lumens [XLM] pumped 45% in early January but erased some gains. The recent market sell-off could offer swing traders and investors another buying opportunity.

After soaring from $0.30 to nearly 50 cents, XLM’s ongoing pullback was headed toward key levels that could interest bulls again. 

Stellar Lumens price prediction

First, the New Year’s upswing flipped the daily chart market structure bullish. This could be shifted if the retracement extended below the recent low at $0.32. 

Until that bearish market structure shift happens, the current outlook was primed for bulls.

The recent pullback was about 18% and closed in on key levels of $0.36, and the December support stopped the holiday sell-off at $0.30. 

The two levels could be market re-entry for bulls targeting overhead supply below $0.50 (red zone). A bullish idea would be invalidated if XLM extended its decline to below $0.30.