The dead cat XLM bounced from its long-term uptrend and 50MA, however, it is bearing pressure from the downtrend. If failed to break it, then it will head to a possible lower price target.
This is my personal opinion, not a recommendation of buy or sell!
@brolykard, Hi, look at my chart, it bounced from my support line exactly, and met resistance from the downtrend line I drew exactly. I think it will go very low. I could be wrong, though.
he will not go down no?