The most interesting part of this move isn’t how much it dropped—it’s that, before the fall, the chart had already been telling the answer.
$XLM It had been grinding at the high for a long time; from the outside it looked like it was building up power, but when I watched it, it felt like it was getting weaker the longer it ground, especially because the rebounds lacked staying power.
At the time, I was watching XLM’s support around 0.20037. Several attempts to push higher didn’t result in a clean breakout—once the sell wall was pressed, it would retreat. This level was crucial. Later, the pri