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XLM is Most Likely Ready For a Correction | Stellar Analysis

Short
BINANCE:XLMUSDT   Stellar / TetherUS
πŸ’Ž Paradisers, turn your focus to XLM/USDT! The asset is presently traversing a clear descending channel and seems on the brink of a potential downward breakout.

πŸ’Ž If this breakout materializes, brace yourselves for immediate correction in the XLM's price.

πŸ’Ž It’s imperative to spotlight the two authenticated order blocks in a shorter timeframe. Given the prevailing liquidity, these areas are likely destinations for the Stellar.

πŸ’Ž Reviewing historical movements, a shift from demand to supply has been observed, culminating in a notable decline in XLM 's price and aiming at the preceding Order Block (OB).

πŸ’Ž In the dynamic realm of crypto, maintaining alertness and flexibility is paramount. Ensure your charts are up-to-date and stay connected for further insights!

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