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Stellar Lumens (XLM) confirms bearish double top, testing key support at $0.172 amid heavy bull liquidations.

Technical Signals
30 Jul 2026
Dailycoin
View Source
Bearish
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Stellar Lumens (XLM) has formed a bearish double top pattern around $0.182, confirming resistance and falling back to a key support level near $0.172. This price action aligns with Fibonacci retracement levels and shows sellers aggressively defending the $0.19-$0.20 resistance zone. Derivative data reveals a significant $401K loss among bullish traders, indicating strong selling pressure. Technical indicators and whale activity suggest bearish momentum, with the near-term price decision hinging on the Fibonacci 0.618 level.

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