A high-stakes liquidity battle is playing out on $XLM around the 0.16977 USDT level on 34.8 million USDT turnover.
Bullish momentum has driven a +0.8 percent extension, but price is now testing an area of heavy passive supply. When an asset consolidates directly below major resistance, aggressive breakout entries offer poor asymmetric risk. Market makers frequently initiate a stop sweep above 0.1728 USDT before rotating back to test resting bids near 0.1705 USDT.
Disciplined traders wait for order flow confirmation: either wait for the liquidity sweep to flush weak hands and re-enter on structural absorption, or wait for clean candle acceptance above 0.1728 USDT before putting on risk.
Track order flow delta to see whether real inventory is backing this move.
$XLM $BTC $BNB
#TrendingTopic #Write2Earn #XLM
Bullish momentum has driven a +0.8 percent extension, but price is now testing an area of heavy passive supply. When an asset consolidates directly below major resistance, aggressive breakout entries offer poor asymmetric risk. Market makers frequently initiate a stop sweep above 0.1728 USDT before rotating back to test resting bids near 0.1705 USDT.
Disciplined traders wait for order flow confirmation: either wait for the liquidity sweep to flush weak hands and re-enter on structural absorption, or wait for clean candle acceptance above 0.1728 USDT before putting on risk.
Track order flow delta to see whether real inventory is backing this move.
$XLM $BTC $BNB
#TrendingTopic #Write2Earn #XLM
