🚨 Stellar (XLM) Drops 2% Amid Massive Selling Pressure!

💥 Price Alert: $XLM tumbles to $0.40 as high-volume selling shakes the market!

📊 What’s Happening:

Trading Surge: Over 52M XLM traded – almost double the daily average!

Resistance vs Support:

Resistance: $0.41

Support: $0.403–$0.405

If support breaks, XLM could slide further.

🌐 Market Context:

Bitcoin remains steady near $115K, but altcoins like XLM feel short-term pressure.

High-volume selling indicates increased trader activity and potential volatility.

💡 Impact & Insights:

Traders: Watch support levels closely; a breach may trigger further declines.

Investors: Current dip could be a strategic buying opportunity for long-term holders.

Tip: Volume spikes often signal next big move – keep an eye out!

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⚡ Bottom Line:

XLM’s 2% drop is mainly technical, driven by selling pressure at resistance. Traders and investors should monitor support closely to navigate this volatile move.