XLM Plunges 5% in Wild Trading Session Before Staging Sharp Recovery

XLM just rode the crypto rollercoaster—hard.

The Stellar token nosedived a brutal 5% during today's chaotic session, rattling traders who thought they'd seen it all. Panic selling hit fast as stop-losses triggered across exchanges.

Then came the rebound.

XLM clawed back with vengeance, erasing most losses in a textbook dead-cat bounce that left shorts scrambling. Classic crypto volatility—where fundamentals take a backseat to leverage and liquidity gaps.

Another day, another reminder that trading altcoins is just gambling with extra steps—and better graphics.

• $0.02 trading range represents 5% spread between $0.34 support and $0.36 resistance during session.
• Midnight selloff generates 57 million volume spike indicating heavy institutional selling.
• Morning recovery surge hits $0.36 on 70 million volume suggesting accumulation phase.
• Resistance confirmed at $0.36 with support zone established around $0.34-$0.35.
• Final hour recovery attempts fail as bearish momentum accelerates.

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