XLM Soars 5% Before Stunning Final-Hour Meltdown
Stellar's XLM rockets upward—then crashes back to earth in brutal final-hour reversal.
The Rally That Wasn't
XLM surged a solid 5% during Thursday's session, teasing bulls with classic breakout patterns. The momentum built steadily through the afternoon—until the bottom fell out without warning.
Final-Hour Carnage
Selling pressure exploded in the last 60 minutes of trading, wiping out all gains and then some. The dramatic collapse left traders scrambling—another reminder that in crypto, timing is everything and trust is optional.
Just another day in digital asset markets—where today's rally is merely tomorrow's liquidation event.
Technical Indicators Show Mixed Signals
- Solid support foundation confirmed at $0.35 with substantial volume backing during 4 September 20:00 period.
- Major upward breakout materialized during 5 September 07:00 and 12:00 intervals featuring exceptional volume expansion.
- Resistance penetration at $0.36 accelerated XLM toward session peak of $0.37.
- Severe final-hour reversal initiated intensive selling wave with exceptional volume participation.
- Fundamental bullish framework maintains integrity despite pronounced closing-session pullback.
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