🚨 $XLM at a critical crossroads!
The last movement was not very convincing after breaking the neckline, but there is no strong selling pressure to continue the decline, which opens the door for a potential rebound.
We have two clear options ahead:
📈 If the price returns above the neckline and holds, we might see strong buying interest and an excellent buying opportunity.
📉 However, if it fails and continues below the liquidity area, the situation turns negative and we may see a rapid drop to lower areas.
Monitoring is important now, and the reaction will determine the direction.
XLMUSDT
Perp
0.20657
+1.44%