Thoughts on #XLM ❤️👇

$XLM is breaking down from a clear bear flag structure after weeks of weak consolidation inside the rising channel. $XLM has now lost the lower trendline support while trading below both the 9 EMA and 50 SMA, signaling bearish continuation and fading momentum from buyers.

The recent rejection near the mid-range of the channel confirmed lower highs before the breakdown. As long as $XLM stays below the broken support zone, downside pressure remains dominant with sellers likely targeting lower support levels in the coming sessions.

XLM
XLMUSDT
0.15096
+2.74%