$XLM
🚨Stellar (XLM) Slips Below Trendline as $1 Target Faces Pressure🚨
Stellar (XLM) has broken below a long-standing trendline, signaling potential trouble ahead. The token recently dropped under $0.10, a level that has previously acted as support.
Analysts now say that unless it quickly recovers above $0.105, the next downside target near $0.085 could come into play. The Relative Strength Index is sitting in neutral territory, showing weak momentum. Trading volumes are also thinning, which suggests lower conviction from buyers.
The $1 target that once looked achievable in a strong bull run now appears less likely unless this sentiment reverses. For investors watching mid-cap coins with cross-border utility, Stellar still holds long-term value, but the short-term risk has grown. A recovery above key resistance could change the trend.
