儘管看到一些彈跳，但Stellar [XLM]仍繼續保持看跌軌跡

儘管Stellar [XLM]繼續保持看跌軌跡，但最近幾週的交易量一直很低。這表明看跌只是更廣泛的市場不確定性和比特幣[BTC]損失的產物。

While Stellar [XLM] presented a bleak picture with its downward trajectory and low trading volume in recent weeks, this bearishness was a product of the wider market uncertainty and Bitcoin [BTC] losses.

儘管Stellar [XLM]在最近幾週內以其下降軌跡和低交易量展示了一幅慘淡的圖片，但這種看跌是更廣泛的市場不確定性和比特幣[BTC]損失的產物。

In fact, the token was at a critical juncture on the lower timeframe price charts as the bulls were challenging the $0.3 resistance. Hence, the question – Can they succeed in creating a breakout?

實際上，由於公牛隊挑戰了0.3美元的電阻，因此代幣在較低的時間範圍價格表上處於關鍵時刻。因此，問題 - 他們可以成功創造突破嗎？

Stellar forms a short-term range and faces resistance up to $0.31

恆星形成短期範圍，面臨著高達$ 0.31的阻力

Source: XLM/USDT on TradingView

資料來源：XLM/USDT在TradingView上

The 61.8% Fibonacci retracement level was flipped from support to resistance. At press time, the price witnessed a 19% bounce in a day and was testing the $0.299 region as resistance. It may be possible that the bulls’ efforts would be rebuffed once again.

61.8％的斐波那契回回率從支撐上翻轉為電阻。發稿時，價格在一天中看到了19％的彈跳，並將0.299美元的區域視為電阻。公牛的努力可能會再次拒絕。

The 1-day market structure had been bearish throughout February. Until this changes, swing traders should not be betting on a bullish reversal. Instead, price bounces such as the most recent one could offer an opportunity to sell.

整個2月，為期1天的市場結構一直是看跌。在這種情況發生變化之前，搖擺交易者不應押注看漲的逆轉。取而代之的是，價格彈起，例如最近的價格可以提供銷售的機會。

At press time, the RSI on the daily chart remained below 40 to reflect sizeable bearish momentum, but the OBV was not on a downtrend. This underlined the lack of high selling volume, despite the losses in February. It hinted at the potential for a quick recovery, if Bitcoin can turn things around.

發稿時，每日圖表上的RSI仍低於40，以反映較大的看跌動力，但OBV並沒有處於下降趨勢。儘管二月份遭受了損失，但這突顯了缺乏銷售量的高銷量。如果比特幣可以扭轉局面，這暗示了快速恢復的潛力。

Source: XLM/USDT on TradingView

資料來源：XLM/USDT在TradingView上

The 4-hour chart revealed a range formation between $0.256 and $0.3. Just above, the fair value gap from $0.303-$0.31 was also likely to oppose the bulls’ progress. Hence, even though the RSI was above neutral 50 and the OBV breached the local high, traders can expect a bearish move.

4小時的圖表顯示，範圍的形成在0.256美元至0.3美元之間。在上方，公允價值的差距從0.303- $ 0.31起也可能反對公牛的進度。因此，即使RSI高於中立50，並且違反了當地高位，但交易者也可以期待看跌。

Invalidation of this idea would be a retest of $0.3 as support, followed by a move beyond $0.31. Meanwhile, rejection from $0.3-$0.31 can be used to go short on XLM, targeting the $0.273 and $0.256 levels.

這個想法的無效將是$ 0.3的支持，作為支持，隨後轉會超過$ 0.31。同時，拒絕$ 0.3- $ 0.31可用於XLM的短路，以0.273美元和0.256美元的價格拒絕。

Source: Coinglass

資料來源：小店

The past week’s liquidation heatmap highlighted a strong magnetic zone just overhead. The $0.303-$0.31 zone had a cluster of liquidation levels that could be tested before a bearish reversal. However, traders must remain cautious.

過去一周的清算熱圖突出了一個強大的磁性區域。 $ 0.303- $ 0.31的區域的清算水平群可以在看跌逆轉之前進行測試。但是，交易者必須保持謹慎。

The 1-month liquidation heatmap revealed that the $0.35 and $0.37-levels were also sizeable liquidation zones that could attract Stellar’s price to themselves. Therefore, if the $0.3-level is flipped to support, traders would have to flip their bearish bias and anticipate further gains.

1個月的清算熱圖顯示，$ 0.35和0.37級的級別也是相當大的清算區，可以吸引出色的價格。因此，如果$ 0.3級別的支持以支持，交易者將不得不翻轉其看跌偏見並預計會有進一步的收益。