$XLM As it falls below important moving averages, Stellar finds itself in a difficult position: the asset's 50 EMA, a crucial support level during its most recent uptrend, has been broken below. By highlighting mounting bearish pressure, this move calls into question whether the recent price movements are sustainable. The fact that XLM has also dropped below the 26 EMA, another important indicator that usually serves as a dynamic support level during bullish trends, is even more concerning. These violations, taken together, indicate a lack of momentum and expose the asset to additional declines. Since price action is still erratic and buyers might try to retake control in the near future, the breakdown has not yet been verified. From a technical standpoint, XLM is in a critical situation right now. Selling pressure may increase if the asset is unable to rise above the 26 EMA. The next support level is located at $0.31, close to the 100 EMA.#Follow_Like_Comment