$XLM Faces Long Liquidation Chaos! 🌪️
The bears took the upper hand as $XLM recorded long liquidations worth $1,844 at the key price level of $0.42188. This move hints at a pivotal battle between bulls and bears, with volatility on the horizon.
Why $XLM is Under the Microscope:
1. $XLM’s liquidation at this level signals weakening bullish momentum.
2. The $0.42 zone could act as a make-or-break level for the token.
3. Historically, xlm has bounced back fiercely after liquidations—will history repeat itself?
Market Outlook:
A drop below $0.42 could open the door to $0.40.
Reclaiming $0.425 may restore confidence and spark a rally toward $0.44.
The stakes are high for $XLM, and the next few hours could define its trajectory. Are you prepared to ride the storm, or will you watch others take the reins?