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🚨 XLM Alert: Support Break Sparks Fresh Lows!
Stellar ($XLM ) got rejected hard at the $0.4570 resistance and is now down over 3%! Price has slipped below the critical $0.4430 support level on increasing volume, confirming a descending triangle breakdown on the 1H chart — with downside targets in sight.
⚡ Short Setup in Play
Entry Zone: Between $0.4390 – $0.4410Stop Loss: Just above $0.4450 (tight resistance cluster)Target 1 (TP1): $0.4332 (Recent intraday low)Target 2 (TP2): $0.4285Target 3 (TP3): $0.4139 (Potential liquidation level)
$XLM
$ETH
🔍 Market Context
Volume spike signals a potential flush — once price lost $0.4370, it opened the door for a fast drop. Broader Layer-1 weakness may be adding pressure.
#XLM #XLMUSDT #AltcoinSetup #CryptoBreakdown #StellarUpdate
⚡ Short Setup in Play
Entry Zone: Between $0.4390 – $0.4410Stop Loss: Just above $0.4450 (tight resistance cluster)Target 1 (TP1): $0.4332 (Recent intraday low)Target 2 (TP2): $0.4285Target 3 (TP3): $0.4139 (Potential liquidation level)
$XLM
$ETH
🔍 Market Context
Volume spike signals a potential flush — once price lost $0.4370, it opened the door for a fast drop. Broader Layer-1 weakness may be adding pressure.
#XLM #XLMUSDT #AltcoinSetup #CryptoBreakdown #StellarUpdate
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🚨 $XLM at a critical crossroads!
The last movement was not very convincing after breaking the neckline, but there is no strong selling pressure to continue the decline, which opens the door for a potential rebound.
We have two clear options ahead:
📈 If the price returns above the neckline and holds, we might see strong buying interest and an excellent buying opportunity.
📉 However, if it fails and continues below the liquidity area, the situation turns negative and we may see a rapid drop to lower areas.
Monitoring is important now, and the reaction will determine the direction.
#XLM #Altcoins #CryptoSetup #StellarUpdate #PriceAction
The last movement was not very convincing after breaking the neckline, but there is no strong selling pressure to continue the decline, which opens the door for a potential rebound.
We have two clear options ahead:
📈 If the price returns above the neckline and holds, we might see strong buying interest and an excellent buying opportunity.
📉 However, if it fails and continues below the liquidity area, the situation turns negative and we may see a rapid drop to lower areas.
Monitoring is important now, and the reaction will determine the direction.
#XLM #Altcoins #CryptoSetup #StellarUpdate #PriceAction
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