Stellar opens December with an abrupt jump that reshapes its short-term structure and reorders positions among traders who closely track shifts in market liquidity.
XLM climbed 8.4% in the past 24 hours and now trades at $0.249, a level that recovers part of the recent pullback and lifts it back above the areas where sell pressure concentrated over the weekend. The jump reflects early activity from market makers who absorbed sell orders during low-volume sessions, allowing for an aggressive move at the start of the week.
This momentum repeats a pattern commonly seen in the first days of each month, when liquidity rotates and larger participants adjust their exposure. Over the weekend, analysts identified a steady flow of sell orders absorbed by bigger players. That absorption positioned the price to move quickly once the week opened. Traders who track intraday dynamics interpreted this behavior as an early repositioning signal from specialists. Stellar reached $0.25 before meeting resistance and stabilizing within the current range.
Stellar Awaits Confirmation to Extend the Move or Enter Another Pullback
Data shows weakness in the support structure at the start of the week, along with clear signs of deteriorating bullish conviction in both spot and derivatives markets. That backdrop explains the earlier decline and the caution prevailing among traders. Monday’s rebound does not eliminate that scenario, but it reintroduces volatility in a stretch where several assets are navigating lower volumes and greater sensitivity to risk.
Market reaction suggests that some traders are adjusting their exposure to limit losses if another pullback unfolds. This behavior aligns with the broader cooldown across the crypto market, where multiple assets are struggling to hold key levels. Stellar is moving near long-term support zones, and any additional pressure could trigger a reassessment of short-term positions.
This rebound improves the asset’s technical profile but does not guarantee continuation unless demand holds. Traders are watching for signs of strength that validate the jump or indicators of exhaustion that anticipate a return to the previous range. Stellar begins the month under the influence of large volumes, shifting liquidity, and a sentiment that oscillates between caution and expectations of further expansions.