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Technical analysis by Sahrin about Symbol XLM: Sell recommendation (8/6/2025)

https://sahmeto.com/message/3688588
Sahrin
Sahrin
Rank: 1446
2.5
Sell،Technical،Sahrin

Price has closed below the middle Bollinger Band (blue line), indicating bearish pressure. Recent candles show rejection wicks on top and strong red-bodied candles, signaling active selling. Support zone around $0.40 has been breached and price is struggling to reclaim it.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$0.39372
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