$XLM Long Liquidation Alert!
A $9.9126K long position was liquidated at $0.44545, showing strong selling pressure as buyers lost ground.
What’s Happening?
Long Liquidation: Buyers were forced out, increasing downward momentum.
Bearish Pressure: Sellers are currently in control, pushing prices lower.
Key Levels to Watch
Support: $0.4400 – A critical level where buyers could attempt to stabilize the price.
Resistance: $0.4550 – Bulls need to reclaim this to shift momentum back up.
What’s Next?
For Long-Term Holders: Wait for a bounce or stability near $0.4400 before acting.
For Traders:
Watch for signs of support at $0.4400 for a potential reversal.
Use stop-losses to manage risks in case of further drops.
Market Context
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