Stellar technical analysis: XLM/USD switches to a bullish trend gaining over 20% in a single day

• Stellar brok free from the recent channel amid strong bullish momentum
• The upside may be capped by  0.5%Fibo retracement at $0.2615

Spot rate:                      0.2416

Relative change:              +20.6%

High:                             0.2571

Low:                             0.2308

Trend:                                               Bullish

Support 1:                                0.2400, 61.8% Fibo retracement

Support 2:                 0.2308 intraday low

Support 3:                0.2242 SMA50, 30-min chart

Resistance 1:                        0.2500 supply zone

Resistance 2:                      0.0.2615  0.5%Fibo retracement