Stellar (XLM) is currently trading at 0.272 USD, above support at 0.259 USD, but struggles against bearish sentiment. The ongoing downturn reflects both a technical Death Cross and negative Chaikin Money Flow, suggesting continued selling pressure.
For recovery, XLM must break above 0.299 USD and 0.325 USD. However, given the prevailing market conditions, such a breakout appears unlikely. Moreover, if XLM descends below crucial support, further losses could be imminent.