The Black Hole Swallowing $XLMStellar Lumens is showing clear signs of a bearish structure despite recent volatility. The chart suggests that price action may attempt a relief rally toward the $0.47 zone, but this move looks more like a corrective upswing within a broader downtrend.
Unless CRYPTOCAP:XLM can establish strong support above that level, the probability remains high that it will resume its descent, with a decisive move back below $0.34 on the horizon. In short, the gravitational pull of the broader market trend appears stronger than any short-term bounce.
Patience and risk management are critical here..this is less of a breakout and more of a classic bull trap in the making.
