Here’s an exciting post for the $XLM long liquidation at $0.36497:
Market Shake-Up: XLM Long Liquidation of $8.7494K at $0.36497! Bears Take the Reins!
🔥 Stellar (XLM) has just witnessed a $8.7494K long liquidation at $0.36497, marking a critical moment for traders.
Bears are tightening their grip, and the market is bracing for potential further downside. Here's your strategic plan:
📊 Trade Details
Entry Point: $0.36300 (below the liquidation level to confirm bearish momentum).
Target 1: $0.35500 (short-term support level).
Target 2: $0.34500 (major support and potential bottom).
Stop Loss: $0.36800 (above the liquidation level to manage risk).
💡 Key Observations
The $8.7494K liquidation indicates weakened bullish sentiment, with bears gaining control.
Breaking below $0.36497 could lead to an extended downtrend, opening up significant shorting opportunities.
Watch for declining volume at support zones, which could hint at further bearish pressure.
🚨 Pro Tip: Stay agile—if $0.35500 holds, a short-term rebound could occur. Manage your stops closely to lock in profits or minimize losses.
📉 Will XLM dive to $0.34500, or will the bulls attempt a comeback? The market is in motion—seize the opportunity!
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