Stellar (XLM) has ranged between $0.08 and $0.11 since June, showing slow movement compared to assets like Sui and Bittensor. However, XLM holders avoided extreme losses during the August and September crashes. Analyst Axel believes October gains are still possible, with Bitcoin corrections averaging 10% over the past six months. Despite some uncertainty, Axel maintains that "Uptober" remains in play.

XLM's price recently increased by 1.5%, reaching $0.0905, but faces uncertainty. While the long-term trend remains neutral to bullish, the recent breakdown from a parallel channel could signal a short-term bearish shift. Key support zones will determine future price movement.

A break above $0.1050 could push XLM to $0.15, but if it falls below $0.085, it may decline further to $0.075, which would invalidate the bullish outlook.