$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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