$XLM Long Liquidation Alert
Amount: $9,126.6
Price: $0.39929
A significant long liquidation just took place at $0.39929, suggesting a shift in market sentiment.
This could indicate the start of a bearish trend if the pressure from sellers continues.
Key Insights:
The liquidation of long positions points to growing bearish sentiment.
If $XLM can't recover above $0.40, we may see more downward movement in the coming sessions.
Next Move Suggestion:
Monitor the $0.3900 level for support. If the price holds here, there could be a chance for a rebound.
If it breaks, next support lies around $0.3800.
Stay alert and adjust your risk management to the current market conditions!
