๐๐๐ ๐๐ฅ๐๐ซ๐ญ: $๐.๐๐ ๐๐จ๐ฎ๐ฅ๐ ๐๐ ๐๐๐โ๐ฌ ๐๐๐ฌ๐ญ ๐๐๐๐๐ง๐ฌ๐ ๐๐๐๐จ๐ซ๐ ๐ ๐ซ๐๐๐๐๐ฅ๐ฅ
โก๏ธ $0.27 is Stellarโs lifeline right now.
If bulls fail to defend it, we could see a deeper drop toward $0.23.
โ Market Signals Turn Bearish
Open Interest dropped from $49M to $38M in just 6 days โ a clear sign traders are closing positions fast.
Negative funding rates show the majority are now shorting XLM.
RSI imbalance (48 vs. MA at 58) adds more pressure, with momentum favoring the bears.
โ Massive Sell-Off Intensifies
Over 82 million XLM were dumped in 24 hours, with a net negative delta of -15.6 million.
Thatโs not just a dip โ itโs an exodus.
โ Why $0.27 Matters
Analyst Ali Martinez warns that if $0.27 breaks, XLM could slide to $0.23.
Minor supports at $0.263 and $0.252 exist โ but theyโre weak.
This level is Stellarโs battleground: lose it, and the selloff likely accelerates.
โ What to Watch:
If bulls can defend $0.27 and flip sentiment, a bounce is possible.
But for now, Stellar stands at the edge โ hold the line or risk the fall.
Do you think XLM can recover from here or is $0.23 the next stop?