$XLM Long Liquidation Alert!

$7,202 Liquidated at $0.29946

XLM just pulled a sharp reversal!

Over $7.2K in long positions were liquidated as price dropped below $0.2995, trapping many bulls who were riding the wave.

Key Details:

Long liquidation signals that the market has shifted — bears are taking back control.

Price facing resistance around $0.30 — bulls couldn’t hold it above this level.

High liquidation volume suggests further downside is possible.

What’s Next for $XLM ?

Watch for a potential move toward $0.29 — a key support level.

If price fails to hold $0.29, expect a deeper correction toward $0.27–$0.28.

Be cautious of a potential bear flag setup — more downside if this plays out.

Pro Trader Strategy:

Bearish bias — look for short opportunities on any rallies near $0.30–$0.305.

Support at $0.29 is crucial — if broken, expect further declines.

Tight stops and careful risk management are key.

$XLM has given us a clear signal: the bulls got shaken out — now it’s the bears' turn.

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