We had a definite pullback from the target but looks to be Bitcoin driven, since all coins dipped with the King.
.
Zoom IN (15 min) for a closer look and we see the distinct PING on blue 3.236. Also reacted at the blue 4.236 above. So we can prepare for a test of the blue 3.618.
.
Zoom In MORE (5 min) and adding a fib to the drop looks to be a decent map. Of note, it bounced of its local 5.618, so the above Ping had two strong fibs right there.
.
Zoom OUT a bit (8 min) and including the new Blue fib from above: Made an adjustment to an existing zone, and added two new zones plus a double-fib. Thus a near-term road map of the recovery.
.
SUMMARY: - XLM dipped with the entire market, but had one of the strongest boucnes. - It is possible and almost likely that we test the newly defined support zone above (green). - All in all very bullish signs, so the original extended target looks quite achievable yet.