XLM token experienced a decline of 3% from 0.39 USD to 0.38 USD in a day amid institutional selling pressures. The dramatic trading volume soared to 101.32 million, suggesting intense market activity.
Despite the bearish trend, XLM showed brief recoveries, peaking at 0.383 USD. Key resistance was identified at 0.395 USD, while support formed near 0.375 USD, which traders should focus on for future market directions.
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