Stellar (XLM) is exhibiting an inverse head and shoulders pattern on its 4-hour chart, indicating a potential bullish breakout. The cryptocurrency has rebounded from the right shoulder at $0.2433 and is nearing the neckline resistance at $0.2615. A successful breakout above this level could propel XLM to a target of $0.3053. Conversely, failure to surpass the resistance may lead to a retreat to the $0.249–$0.243 support range. In the broader market, Ethereum (ETH) has also shown resilience, climbing back above $3,000 following a recent decline, contributing to the overall positive sentiment in the crypto space.