🚨 $XLM Traders Alert: Massive Shakeout Detected at $0.2865!
A total of $8.96K in Long Liquidations just hit $XLM at the critical price level of $0.2865, signaling a sudden flush of over-leveraged positions. The market just showed its hand — and this is where smart money prepares to strike.
Technical Analysis & Trade Setup
Buy Zone (Accumulation Range):
🔹 $0.2720 – $0.2830
This zone lies just below the liquidation level and has historically acted as a demand zone. Strong bounce potential if bulls reclaim momentum.
Primary Target:
🔹 $0.3050 – Local resistance and a recent supply area. A breakout from here could shift momentum sharply.
Secondary Target:
🔹 $0.3280 – If $0.3050 is breached with volume, this level becomes the next magnet. It's a key Fibonacci extension and psychological resistance.
Stop Loss:
🔹 $0.2685
Breach of this level would invalidate the bullish structure and could lead to deeper retracement.
Strategic Insight:
The recent liquidation is a potential trap for impatient bulls. With weak hands shaken out, price may now be setting up for a calculated reversal. Volume confirmation and candle structure near the $0.2750-$0.2830 range will be crucial.
Patience and precision are key. Ride the reversal — not the fear.
