Crypto
XLM Price Action Triggers Warning Signs of Near-Term Pullback
XLM surged by 6% to $0.21 today, but experts warn that this is not a sustainable breakout.
The asset has been sitting at its upper Bollinger Band with flatlining momentum indicators, indicating a near-term pullback before any continuation.
A key level of support at $0.20 must hold on a daily close to keep the bull structure alive.
Smart money cohorts on Binance are positioned 65.5% long, but retail accounts may be facing a fade from market makers who lean the other way.