$XLM experienced a significant long liquidation of $2.96K at $0.19608, indicating that leveraged buyers were aggressively forced out of their positions. The liquidation reinforces bearish sentiment in the short term, with sellers maintaining control as long positions continue to unwind.
Entry: $0.194 - $0.198
SL: $0.202
TP1: $0.190
TP2: $0.184
TP3: $0.177
TP4: $0.168
Momentum remains weak, and the liquidation event may accelerate downside volatility if selling pressure persists. Unless price reclaims the $0.20 resistance zone, rallies could face renewed selling interest.
Sell and Trade $XLM 🔴📉🔥🚨
