$XLM Long Liquidation Alert

A long position worth $9,102.7 was liquidated at $0.36982 for XLM.

This sharp drop indicates a significant market shift, forcing traders to close positions quickly.

What’s Next?

1. Market Sentiment:

The bearish momentum may continue if sellers remain in control.

2. Key Levels to Watch:

Support: $0.365 and $0.355. These levels are crucial for stability.

Resistance: $0.375. A break above this could signal a potential recovery.

3. Volume Check:

Increased volume signals strong selling pressure. Watch for signs of reversal.

Strategy Tips

For Bears: Look for short opportunities if XLM remains below $0.375.

For Bulls: Wait for confirmation of support before entering.

For Scalpers: Utilize price fluctuations but be mindful of the risk.

Keep a close eye on the price action—trade smart and manage your risk!

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